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TIL that in 2010 the stock market experienced a flash crash, caused by automatic trading. Over a trillion dollars were lost and mostly regained, all in 36 minutes. Exact causes remain disputed. (en.wikipedia.org)

submitted 1 year ago* (last edited 1 year ago) by garfaagel@sh.itjust.works to c/til@lemmy.ca

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[-] Kecessa@sh.itjust.works 12 points 1 year ago

HFT, trading outside market hours (or markets closing, either one), dark pools, not making limit orders public... There's plenty wrong with the stock market, some of which (and I hate to say it) is fixed by crypto...

this post was submitted on 06 Aug 2023

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