High Frequency Trading has been around for a while but has been getting more attention since the unprecedented intraday U.S. stock market crash, known as the flash crash, on May 6th, 2010, when the Dow Jones Industrial Average dropped nearly 1000 points in a half hour before recovering in minutes.
So, what is high frequency trading?
VOA‘s Philip Alexiou reports:
- Floridian Makes Funny High Frequency Trading Headline Blooper (businessinsider.com)
- How a Trading Algorithm Went Awry (online.wsj.com)
- U.S. CFTC eyes new powers to police algo trading (reuters.com)