Flying Squid@lemmy.world to

News@lemmy.world · 26 days ago

Glitch at New York Stock Exchange Throws Markets Into Chaos

cross-posted to:
shitty_million_dollar_ideas@lemmy.dbzer0.com
crumbgrabber@lemm.ee

187

Glitch at New York Stock Exchange Throws Markets Into Chaos

Flying Squid@lemmy.world to

News@lemmy.world · 26 days ago

cross-posted to:
shitty_million_dollar_ideas@lemmy.dbzer0.com
crumbgrabber@lemm.ee

Financial markets experienced the second technical glitch in less than a week on Monday morning. Premium stocks displayed prices at a 99 percent discount.

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maniii@lemmy.world
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26 days ago
I read somewhere that Berkshire Hathaway HFT algorithm was to blame for the “glitch”.
- Flying Squid@lemmy.worldOP
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  26 days ago
  HFT should be banned. If we’re going to keep up this illusion of a stock market, at least make humans do it.

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