Second flash crash inevitable
"We are going to have another flash crash, the regulators haven't looked at the problem completely," said Gary Stone, chief strategy officer at Bloomberg Tradebook.
A four-strong panel asserted that future regulation will not protect clients from the perils of high-frequency and algorithmic trading.
Jonathan Wykes, director and European head of advanced execution services (AES) for foreign exchange sales at Credit Suisse, believed the dangers resulted from a lack of parameters set in terms of
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