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Mysterious Algorithm Was 4% of Trading Activity Last Week

by
October 10, 2012
Cybersecurity
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“A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.”

Source: Mysterious Algorithm Was 4% of Trading Activity Last Week – CNBC.com – US Business News – CNBC