Subscribe to RealEconTV
Your e-mail address is kept absolutely privateWe make it easy to unsubscribe at any time
RealEconTV
Business news without the bullshit
High frequency trade
The Risks
We make it easy to unsubscribe at any time
- Navigation:
- Home
- Back
- More videos like this
Expensive glitch
Advertisement
It seems great...until you crash into a wall.
Knight Capital found out that the hard way. A technical glitch nearly wiped out their entire company. In the era of high-frequency nano-trading, commodity trading has become a pay-to-play joke. Don't count on the regulators to step in to stop the SEC's revolving door between industry and regulation.
From #1 in their field to barely alive. And the U.S. credit rating -- and your ability to borrow money -- is taking the hit.
Legal disclaimer
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.
The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.