Wednesday 26 June 2019

High Speed Trading and Fake Data Can Be Used To Manipulate Markets

Coordinated responses to certain types of input data can be used to give certain people a means to manipulate markets through mass media. These two events show that some systems respond much more predictably than others. It seems here that New Zealand traders were not so well-coordinated as Wall St traders. So in the next financial crisis, expect heavy losses in regions where traders do not yet have enough experience to control the markets. Yes, this is all highly illegal, but the SEC are clearly in on the act, so they are not going to do anything about it.


Perhaps this should be on tthe agenda at the G20 summit starting on Friday? See G20 Opening Ceremony Music Suggestion. International collusion in this form is illegal under United States law (Logan Act) according to this report:


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