Saturday, October 27, 2007

The peril for markets when computers miscalculate

Brilliant article from the economist. Especially check out the paper referenced at the end. Backtesting FTW!
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1 comment:

  1. Anonymous12:25 AM

    Quant groups acting as marketmakers.

    Isn't that what's happening with oil stocks/prices at the moment, taking petrol prices in the UK to over £1 a litre?

    http://tinyurl.com/3ctr8a

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