Jun 22, 2011

The hidden hand in the stock market



Forgot his anniversary again.
Think a bunch of pin-striped suits in lower Manhattan are determining what happens in the market? Think again. It's actually computer code.
Over the past decade, algorithmic trading has overtaken the industry. Computer code is now responsible for most of the activity on Wall Street. By some estimates, computer-aided high-frequency trading now accounts for about 70

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