A Cautionary Tale For Quants And HFT Designers
This blog has always been an advocate of using human intelligence as oversight over quantitative investment systems. In particular, I have been concerned about the takeover of trading the HFT robots. On this day that America decides who gets to have his finger on the nuclear button for next four years, consider this story (from [...]
This blog has always been an advocate of using human intelligence as oversight over quantitative investment systems. In particular, I have been concerned about the takeover of trading the HFT robots.
On this day that America decides who gets to have his finger on the nuclear button for next four years, consider this story (from Business Insider) about how close we came to disaster in 1995:
In the 67 years since the detonation of the world’s first nuclear weapon there is only one time the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards