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Can anyone provide some context on this matter? What happened wednesday and where?
by brokenparser 14y ago
Can anyone provide some context on this matter? What happened wednesday and where?
- davvid 14y agohttp://blogs.wsj.com/marketbeat/2012/08/02/knight-capital-trading-error-cost-firm-440-million/ http://blogs.wsj.com/marketbeat/2012/08/02/knight-capital-tr... Basically, they deployed a new HFT algo and it started buying high and selling low. oops!