19 March 2012

USA / WALL STREET : The Dangers Of High Frequency Trading; Truth Or Fiction?

http://www.pbs.org/newshour/bb/business/jan-june12/highfrequency_03-15.html
      Video report 8:22 with transcript.

     As regular visitors know...this blog savors economics...especially the macro version.
     OK...along with sometimes weird...and hopefully interesting news items.
     Here is a recent book review/report/interview on the dangers of  algorithmic high frequency trading...trades that average about 22 seconds...and now equal 75% of Wall Street's trades.
      PBS reporter Paul Solman spoke with novelist Robert Harris about his new book..."The Fear Index."
     It's chilling when fiction is actually tamer than reality!