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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This entry was posted on Saturday, October 27th, 2007 at 1:01 pm. It is filed under Uncategorized.
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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