Return of the Flash Crash

Did you see the 60 Minutes exposé on speed trading? I've embedded the video, which explains how high-frequency trading works. It sheds light on the May 6 flash crash—why the Dow dropped nearly 700 points in twenty minutes. It's only a matter of...

Return of the Flash Crash

Did you see the 60 Minutes expos on speed trading? I've embedded the video, which explains how high-frequency trading works. It sheds light on the May 6 flash crash—why the Dow dropped nearly 700 points in twenty minutes.   It's only a matter of...