Knight Capital Faces $440M Loss After Trading Algorithm Crash ⚠️
Investors grow worried as Knight Capital's trading algorithm malfunctions, causing a $440 million loss and fueling market volatility. Learn what happened and its impact.
Financial Times
6 views • Mar 4, 2019
About this video
Investors' anxieties over volatile marktes compounded on Wednesday by a trading algorithm malfunction. It cost the brokerage company Knight Capital $440m. Lex's Stuart Kirk and Vincent Boland discuss the effect of another rogue algo on jittery markets. <br />For more commentary from the Lex team, visit http://www.ft.com/lex <br /><br />Relate article: http://www.ft.com/cms/s/0/de03ec86-dc9f-11e1-bbdc-00144feab49a.html<br /><br />http://www.FT.com/
Video Information
Views
6
Duration
3:08
Published
Mar 4, 2019
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