Federal regulators said Friday an algorithm caused the notorious Flash Crash of May 6 when an automated trading system selling futures contracts on the S&P 500 ($INX) triggered a cascade of selling throughout the broader market.
Continue reading Report: Flash Crash Triggered by Algorithm
Report: Flash Crash Triggered by Algorithm originally appeared on DailyFinance on Fri, 01 Oct 2010 12:40:00.
Filed Under: Investing, Market News