On August 1, 2012 the Knight Capital Group had a $400 million trading snafu.
On May 6, 2010, the Flash Crash occurred where the Dow Jones lost 9.2% of its value in a matter of minutes.
Finally a short story that explains how it could have happened and how it might happen again. Click on the link Flash Crash Epitaph to read it.
From time to time I will publish a story, an article or even snippets of my next novella that are of interest to me. Enjoy!
This year’s Flash Crash anniversary passed by without a wimper. That increases the chance of a surprise event happening again.