Wednesday August 13, 2014

Trading Robots 'Cause Stock Market Tsunamis'

Robots are going to BANKRUPT US ALL!

Advocates argue that high frequency trading reduces market volatility and lowers transaction costs for small investors, but others claim it is unfair on slower traders, and can lead to instability -- trading algorithms and high frequency trading were behind the "Flash Crash" of May 6 2010, when the Dow Jones briefly plummeted almost 1,000 points.