November/December 2007
The Bonfire of the Automated Trading Strategies
Computers' effects on markets remain controversial.
By Michael Patrick Gibson
 |
| Credit: Technology Review |
In a single week in early August 2007, one of Goldman Sachs's hedge funds lost as much as $1.5 billion, about 30 percent of its value--a stunning loss, but by no means unique in the industry. In the same stretch, billions of dollars melted away from other top funds, too.
 | Select from the choices above to read the entire article. |
Customer Service
|
Magazine Services
|
Subscribe
|
Other
|
Advertise
|
Download
Massachusetts Institute of Technology