A Quick Way to Lose Everything in a Great Flash Crash of Quant Trading Machines*
"and the embarrassing crashes that plagued the Facebook IPO, preventing the stock from plunging anywhere as quickly as it probably should have on listing." ….. Ouch, that hit the target bullseye, RC. And how refreshing to read some real reporting on dodgy shenanigans.
And is market-rigging exactly the same as market-making only quite different because no one much ventures opinion on that qubit like territory ….. "Reuters states that the only comment to come from the company is a terse statement that “a technology issue occurred in Knight's market-making unit related to the routing of shares of approximately 150 stocks to the NYSE”."
You do know about quant trading, don't you?
You know, whenever something can be one thing and another at the same time as being something different altogether …….. "A qubit has some similarities to a classical bit, but is overall very different. Like a bit, a qubit can have two possible values—normally a 0 or a 1. The difference is that whereas a bit must be either 0 or 1, a qubit can be 0, 1, or a superposition of both.
And is it undoubtedly revealed there, that lightning quick machines and not slow pedestrian man dictate terms on the NYSE and are responsible for US business prices? Wow, that can easily be, and therefore will probably definitely surely be, unless there is something available to divert it, a virtual trading disaster to monitor because there would be practically no one able/enabled to effectively mentor the activity in what would not be dissimilar to a NEUKlearer HyperRadioProActive IT System with Command and Control of Virtual Machine Units and SMARTR IntelAIgently Designed Entities for the Phantom Trading of Novel Stock/Options/Derivatives/Futures/Hedges.
Is pulling the plug on the NYSE, an available option to consider, to avert a market trading disaster/natural free market correction of an anomalous perversion?
*And whoever would have thought that Title would ever have made sense and is able to destroy ponzi empires in a virtual instant and practically overnight, or not as the case may be if things are radically changed to reflect and accommodate the New Realities of Life in LOVE. ...... which Conquers All, Every Time Everywhere.