May 1st, 2012
Econintersect: There were circuit breakers kicking in at about 8:31-32 am today (1 May 2012) as Gold dropped $15 an ounce in just a couple of seconds. The show was all over in about ten seconds and the entire drop was recovered in the next two hours or so. This is just another example of instabilities that can grab control of trading in this age of computer controlled transactions. A discussion of the flash crash is conducted on a video following the "Read more..." break. Please tolerate the commercial pitch - the illustrated presentation is worth going through the commercials.
Follow up:The following video comes from Dan Murphy at Million Dollar Target.com.
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