Algorithmic trading could be to blame for pound’s ‘flash crash’
The pound plunged overnight before springing back up againGettyBy New Scientist staff and Press AssociationAlgorithmic trading might be to blame for last night’s ‘flash crash’ in which the pound plunged by as much as 6 per cent against the dollar during trading in Asia. The pound fell to $1.18 in a matter of minutes, hitting a 31-year low at one point...
I regard the brain as a computer which will stop working when its component fail. There is no heaven or afterlife for broken-down computers. That is a fairy story for people afraid of the dark