The British pound suffered a “flash crash” earlier this morning in which it plummeted six percent against the US dollar within a matter of minutes. All signs point to high frequency stock trading as the culprit—and possibly a single algorithm.
The British pound suffered a “flash crash” earlier this morning in which it plummeted six percent against the US dollar within a matter of minutes. All signs point to high frequency stock trading as the culprit—and possibly a single algorithm.
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