Monday, August 6, 2012

High frequency trades -- wall street profits on autopilot.

I can't help but get the thought of a ghost in the shell incident that will bring down our globalized finance industry, and the welfare of nations, following.  Wall Street profits are now on autopilot, and so are disasters to come.

Via Felix Salmon, a GIF showing the growth of high-frequency trades between 2007 and 2012, excluding Knight Capital's latest fiasco.  It's an animated GIF, so wait for it to load.


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