Around 7:00 p.m. ET Thursday, the price of silver plunged 11 percent from $16.14 to $14.34 an ounce. However, it was short-lived. Wall Street couldn't name a fundamental reason for the drop, but considered it another case of computer-driven trading that disrupted markets during a period when few were actively trading. The drop occurred outside of New York business hours.
I remember the stock market flash crash in May 2010. It was pretty tense for a few minutes. Flash crashes are on the rise. Computer trading has gone too far. We need more controls. Will this become a serious problem in the future? Stay tuned
Mike
I remember the stock market flash crash in May 2010. It was pretty tense for a few minutes. Flash crashes are on the rise. Computer trading has gone too far. We need more controls. Will this become a serious problem in the future? Stay tuned
Mike
No comments:
Post a Comment