12 Nov
2015
12 Nov
'15
3:10 p.m.
Cubed writes: | Totally. Also, to see more evidence of these interactions, see the last | several flash crashes in the US stock markets. What's happening in | several of those situations is algos from competing brokerages | producing extreme unexpected results. Market crashes, pull the plug, | fix the algo or introduce some "rule". Rules being, IMO often | just a band-aid for not fixing the code and admitting it was technology | that ran away from them. See "When Robots Collude" uk.businessinsider.com/robots-colluding-to-manipulate-markets-2015-4 gist: when algorithms learn to defraud, what does LE do? --dan