The peril for markets when computers miscalculate

Brilliant article from the economist. Especially check out the paper referenced at the end. Backtesting FTW!

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One Response to “The peril for markets when computers miscalculate”

  1. Dom Pannell says:

    Quant groups acting as marketmakers.

    Isn’t that what’s happening with oil stocks/prices at the moment, taking petrol prices in the UK to over £1 a litre?

    http://tinyurl.com/3ctr8a

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