SEC takes aim at program trading (Investor's Business Daily)
23:14
zhbjzhql
, Posted in
Chairwoman Mary Shapiro said the SEC must address the use of algorithms, software used in quick, automated stock trading, to prevent precipitous drops in share prices like the kind seen during the "flash crash" in May, when $1 tril in market capital was wiped out before recovering in minutes. The SEC on Mon. also adopted a plan to eliminate so-called stub quotes, which are often priced well off a stock's current trading price and can contribute to market volatility.
You can leave a response, or trackback from your own site.
0 Response to "SEC takes aim at program trading (Investor's Business Daily)"
Post a Comment