‘Rogue’ Algorithm Blamed for Historic Crash of the British Pound [cheapestps3controller269.blogspot.com]

‘Rogue’ Algorithm Blamed for Historic Crash of the British Pound [cheapestps3controller269.blogspot.com]

The British pound suffered a “flash crash” earlier this morning in which it plummeted six percent against the US dollar within a matter of minutes. All signs point to high frequency stock trading as the culprit—and possibly a single algorithm.

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http://gizmodo.com/rogue-algorithm-blamed-for-historic-crash-of-the-britis-1787523587 ‘Rogue’ Algorithm Blamed for Historic Crash of the British Pound

[cheapestps3controller269.blogspot.com] ‘Rogue’ Algorithm Blamed for Historic Crash of the British Pound