All it takes is one slip and a market can into freefall.
Was this triggered by an algorithm glich, human error or both?
How many algorithms were involved in the 900 point selloff in 15 mins?
There will be a few red faces, a few frowns and a few smiling faces but the hard questions will need to be asked about what is now running the markets the human element or the algorithms they produce.
Confidence in the market must have been dashed after the events last night.
Did we go electronic too quick?
Here are the immediate views of CNBC after the event.
Follow the link here
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- an accident waiting to happen?
an accident waiting to happen?
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Frazer Bourchier, Director, President and CEO
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