Business news without the bullshit

High speed trading (aka high speed cheating)

The game is being shut down

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Market Bots vs. Common Sense

Selling by program traders, exacerbated

The rise of algorithmic trading is making the next economic crash all the sooner. Lower volumes, due to a drop-off in retail profits, hopefully will check these algo-bot traders. Now it will probably be impossible to restore fairness to the markets.

The PNC Financial Services CEO is quaking in his boots about the threats from cybercriminals. He said, "The collective result of these kinds of attacks could be a cyber-Pearl Harbor."

In this video, Eric Hunsader weighs in on how to get the market back on its feet.