Thursday, August 2, 2012

Robots Gone Rogue: 10 Technical SNAFUS That Have Wreaked Havoc




High frequency trading might be making money faster than humanly possible, but it's not perfect BI reports.

After yesterday's Knight Capital high-frequency trading disaster, the future of the algorithm based money making machine has been questioned.  And, it wasn't Knight Capital's first computer based mistake.

So, we've made a list of ten of the biggest algorithm or technology based mistakes that have lost investors and tax payers millions over the last few years….

Read all about it at http://www.businessinsider.com/here-are-10-off-the-biggest-market-glitches-of-the-last-few-years-2012-8?op=1#ixzz22ShhDtJE

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