@[email protected] to Today I Learned (TIL)@lemmy.ca • edit-21 year agoTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.orgexternal-linkmessage-square30fedilinkarrow-up1329arrow-down15
arrow-up1324arrow-down1external-linkTIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed.en.wikipedia.org@[email protected] to Today I Learned (TIL)@lemmy.ca • edit-21 year agomessage-square30fedilink
minus-squareBernie Ecclestonedlinkfedilink2•edit-21 year agoWhat do you mean? There was a liquidity crunch because of a massive mutual fund order and his spoofing tripped the algos into selling
minus-squarelivuslinkfedilink1•1 year agoOP’s article is quite good. It’s more likely that there were several factors in play.
minus-squareBernie Ecclestonedlinkfedilink1•1 year agoYeah, as it says it’s like blaming lightning for starting a forest far. The current dark pool stuff is probably ten times worse.
He wasn’t the real cause of it though.
What do you mean? There was a liquidity crunch because of a massive mutual fund order and his spoofing tripped the algos into selling
OP’s article is quite good.
It’s more likely that there were several factors in play.
Yeah, as it says it’s like blaming lightning for starting a forest far.
The current dark pool stuff is probably ten times worse.