Re:The invisible hand that pushed Apple up and down for six ...
by elemeno on Friday December 20, 2013 @08:05AM
(#6941193)
The Knight Capital incident isn't unique to HFT firms - any firm that does automated trading can fall foul of similar problems.
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Re:The invisible hand that pushed Apple up and down for six ...
by yummyfajitas on Friday December 20, 2013 @08:44AM
(#6941306)
It can even happen to manual traders. If you accidentally screw up and run the wrong strategy (e.g. buying Tweeter Inc. when you intended to buy Twitter), you'll very rapidly lose gigantic piles of money.
Losing your money in the stock market != market manipulation.
Re:The invisible hand that pushed Apple up and down for six ...
by mschuster91 on Friday December 20, 2013 @04:42PM
(#6944241)
Yeah, but the "HF" part of "HFT" tends to make an elephant out of a fly.