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 Times6 views3:08

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.
For more commentary from the Lex team, visit http://www.ft.com/lex

Relate article: http://www.ft.com/cms/s/0/de03ec86-dc9f-11e1-bbdc-00144feab49a.html

http://www.FT.com/

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6

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Duration
3:08

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Published
Mar 4, 2019

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