Reply to post: Malgorithm

Flash crash trader takes plea bargain, cops to 'spoofing' and wire fraud

Version 1.0 Silver badge


At the time the backroom opinion was that the crash was caused by US trading algorithms trying to manipulate each others trading patterns.

Given the distance, it's simple not physically possible for a trader in the UK to cause a crash like that without breaking the speed of light. It had to have been a US trading malgorithm.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019