1 Feb
2016
1 Feb
'16
10:43 a.m.
On Thu, Jan 28, 2016 at 01:36:07AM -0500, grarpamp wrote:
http://www.bloomberg.com/news/articles/2016-01-26/high-speed-firms-now-overs... Now, humans on the NYSE floor have more of a supervisory role, making sure the automated systems don't go haywire. Barclays has been around
This reminds me of a story at theregister. On a large exchange, a trading bot behaved weirdly. It buys at highest possible and sells at lowest possible. As expected, the trading bot owner lost _a lot_ of money in very short time. IIRC the bot's transactions were rolled back per some rule and the situation was explained with "beta testing gone wild".