Kevin Drums writes Behind the Commodities Crash "A few days ago I read that high-frequency trading in stocks had died down recently, apparently because the stock market has been a little too stable lately. 'Hmmm,' I thought as I read this. 'If they're dropping out of equities, I wonder what the supercomputers are up to now?' The answer, it turns out, is commodities, and Reuters reports that algorithmic trading is likely responsible for a big part of the rout in commodity prices over the last couple of weeks."
I'm not sure if algorithmic trading is good or bad, but it does seem to be scary.
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