Joyce AmericaSpeaks Periscope@11am Wednesday: The Flash Crash of 2010, Dow lost 1000 points! Algorithms involved; our quality of life at stake & ethical concerns!
I was driving home from work around 2:30pm on a bright May day in 2010 listening to the news of the first Flash Crash. I couldn’t believe what I’d heard. In the short span of 36 minutes, the Dow had wiped out trillions of dollars in trades, 9% of the market, and gradually recovered. … More Joyce AmericaSpeaks Periscope@11am Wednesday: The Flash Crash of 2010, Dow lost 1000 points! Algorithms involved; our quality of life at stake & ethical concerns!