Thursday, August 2, 2012

Flood of Errant Trades Is a Black Eye for Wall Street

"An automated stock trading program suddenly flooded the market with millions of trades Wednesday morning, spreading turmoil across Wall Street and drawing renewed attention to the fragility and instability of the nation’s stock markets."


See http://www.nytimes.com/2012/08/02/business/unusual-volume-roils-early-trading-in-some-stocks.html.

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