One of my thesis students, motivated by the quantitative analysis of market data, fell on the subject of the so-called "flash market crash" of May 6 2010 and the related subject of high-frequency trading (HFT). The Dow Jones losing USD 1 trillion in a matter of minutes to then recover quite quickly most of the value lost? That's exciting! Well, at least it is intriguing...
Showing posts with label Market Events. Show all posts
Showing posts with label Market Events. Show all posts
Tuesday, 3 July 2012
HFT, flash crashes, true liquidity and time redefinition
One of my thesis students, motivated by the quantitative analysis of market data, fell on the subject of the so-called "flash market crash" of May 6 2010 and the related subject of high-frequency trading (HFT). The Dow Jones losing USD 1 trillion in a matter of minutes to then recover quite quickly most of the value lost? That's exciting! Well, at least it is intriguing...
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