SEC looks to rein in trading battlebots, maybe
In the summer of 2009, the press had a collective freak-out over so-called “high-frequency trading,” where math, physics, and AI whizzes from the nation’s top universities program the world’s most powerful computers to trade against one another on electronic stock exchanges for microsecond advantages and billions of dollars. That’s actually how the markets work now. But by the end of the year …
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