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| 'Flash crash' worries go global CNN And the Osaka Stock Exchange launched its own high-frequency and algorithmic trading platform in February. "The global trend is toward increasing algorithmic trading at all exchanges worldwide," said Roman Goryunov, CEO at Russia's RTS Stock Exchange. ... | ||
| Commodities VaRy extreme right now FT Alphaville (blog) Now, who wants to bet that algorithmic trading models, or banks' risk management ones, don't extend to this kind of (rare-ish) movement? After all, these models tend to be based on recent history and banks rarely feel the need to take into account ... | ||
| For Sale: The Making of a Fly, Only $23698655.93 (Plus $3.99 Shipping) Wall Street Journal (blog) The real point of this story is not that a book about fruit flies ends up being listed for $23698655.93 (plus $3.99 shipping), but one of the dangers of algorithmic trading; forgetting to build in a sanity check. The algorithms used in this case were ... |