"Unclear What Caused Kraft Spike: Nanex Founder"http://www.cnbc.com/id/49216434Tim
When a program is let loose to do something dumb, I think of kind of like automated idiocy.Phrased that way, is it the fault of the automation or the idiocy?Jim
The idiocy created the automation. Root cause is idiocy.
Doesn't sound like HFT did it from what little they say, maybe some "fat-finger" trade or someone just not cautious enough when buying a big slug?SA
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