This might be our only hope versus the demons of finance in the Temple of Wall Street, The City, and Bahnhofstrasse.
It is just that bad.
Do you realize that Knight Financial just purchased a Pension Financial commodity business with over $400,000,000 in accounts deposited for $5,000,000? The other side of the algo bad trades made all the money that Knight lost in 40 minutes.
Could this have been “The Great Train Robbery of 2012?”