High-Speed Trading Glitch Costs Investors Billions - NYTimes.com

High-Speed Trading Glitch Costs Investors Billions - NYTimes.com"We have a market that responds in milliseconds, but the humans monitoring respond in minutes, and unfortunately billions of dollars of damage can occur in the meantime,” said James Angel, a professor of finance at Georgetown University’s McDonough School of Business. In recent years, what is known as high-frequency trading — rapid