Tuesday, June 19, 2012

Dark Pools: The New Dominance Of High Frequency Trading

Scott Patterson, author of "Dark Pools," discusses how artificial intelligence or high frequency trading machines are now dominating and threatening the stock market. High frequency trading now makes up 60 to 70% of the trading in a single day. These machines were the direct cause of the flash crash, and there is nothing to stop another flash crash from occurring at any moment.

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