Whatever the cause of last May’s “flash crash,” the big question is how another crash can be avoided. According to Keith Saxton, Global Director of Financial Markets at IBM, “What we’ve learned is that the regulators don’t have the same tools as the people playing the market. We have to tool up the regulators and supervisors to see what’s actually going on in near real time.”
Continue reading IBM Global Financial Markets Chief on Preventing Another ‘Flash Crash’
IBM Global Financial Markets Chief on Preventing Another ‘Flash Crash’ originally appeared on DailyFinance on Fri, 01 Oct 2010 11:40:00.