4 ms·
The Knight Capital incident isn't unique to HFT firms - any firm that does automated trading can fall foul of similar problems.
by elemeno 13y ago
The Knight Capital incident isn't unique to HFT firms - any firm that does automated trading can fall foul of similar problems.
- yummyfajitas 13y agoIt can even happen to manual traders. If you accidentally screw up and run the wrong strategy (e.g. buying Tweeter Inc. when you intended to buy Twitter), you'll very rapidly lose gigantic piles of money. Losing your money in the stock market != market manipulation.
- mschuster91 13y agoYeah, but the "HF" part of "HFT" tends to make an elephant out of a fly.