In a secret new building in New Jersey, high-speed computers decide which stocks to buy and sell. Could this kind of automated "trading floor" lead to Wall Street's next "flash crash"?
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About Me
- Minneapolis, MN, United States
- Rule # 1: taking care of one’s small circle (family and close friends). My wife (best friend) and I are blessed with 3 grandchildren. Grandchildren...truly a gift! Missing the Viet Nam draft by 1 yr left an indelible mark on my being and view of the world. Vigilant Grandpa Blog: Offer a rational perspective on Wall Street, Politics and the Economy delivered with a smidgen of sarcasm and humor. Grandpa's Passion: vigilance on behalf of all grandchildren and a pledge to elicit changes to our current environment as we all have an obligation to afford them an equitable and optimistic future. After an 11 yr. career walkabout' (incl. 5 yrs. day trading), I re-entered the commercial insurance industry. It's all about managing risk.
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