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The Rise of the Machines
Do high frequency traders bring liquidity to financial markets and drive down prices, or do they risk the stabilty of the financial system? And, the future of computing is probably in your pocket.
In a few days the US Securities and Exchange Commission will bring out its report into the 'flash-crash' of May 2010, when the Dow Jones Industrial Index lost 700 points in a matter of minutes. Computer driven trading was blamed by some for the wild gyration. Business Daily explains algorithmic and high frequency trading and debates the rights and wrongs of letting computers make the calls. Also -is that a computer in your pocket or is your phone just pleased to see me? How the humble telephone is charging into the future.
Last on
Tue 28 Sep 201000:30GMT
BBC World Service Online
Broadcast
- Tue 28 Sep 201000:30GMTBBC World Service Online
