14 August 2012 Last updated at 20:05 ET
By Colm O'Regan Comedian and writer
If a computer glitch lost Knight Capital $ 440m, how long will it be before high-frequency trading computers threaten the stability of the civilised world?
Glitch: It seems a benign enough word, as if a computer said "Whoops-a-daisy! Sorry about that. I'll get a cloth." Or in the case of the Knight Capital glitch "Eh... I'll get my coat."
Appropriately enough, the word may have originated with the Yiddish "glitsh" meaning "slippery place" - appropriate because we may be at the top of a slippery slide.
The depressing aspect of
Wednesday, 15 August 2012
From robot trader to computer overlord?
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