How to lose money - fast!

How to lose money - fast!

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Episode
80 of 1056
Duration
9min
Language
English
Format
Category
Non-fiction

Last week Knight Capital lost a lot of money very quickly. It was the latest chapter in the story of something called ‘high frequency trading’. Investors have always valued being the first with the news. But high frequency trading is different: algorithms execute automatic trades, conducted by computers, at astonishing speeds. We ask: is the rapid growth of high frequency trading progress, or – as some think – a threat to the stability of the entire financial system?


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