all 4 comments

[–]Earl_Harbinger 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

That's why we need a required 1 second delay between trades on the same stock by the same entity, and/or a 1¢/transaction tax. Zerohedge used to have some great articles on this subject.

[–]Riva 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

No let's just put these computers in charge of the trading. I'm pretty sure I understand what they're doing.....

Sounds like a good plan! Do it!

[–]Intuit 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

over a trillion dollars were lost and mostly regained

I bet that a lot changed hands, though. Winners and losers.

[–]pequenoloco 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

It was because AP was hacked, when the algorithms started picking up things like 'terrorist attack, White house, bombed,' they went into overdrive.