Reuters
Business
Knight trading loss shows cracks in equity markets
Fri, Aug 03 12:08 PM EDT

By Jed Horowitz and Joseph Menn

(Reuters) - The software glitch that cost Knight Capital Group $440 million in just 45 minutes reveals the deep fault lines in stock markets that are increasingly dominated by sophisticated high-speed trading systems. But Wall Street firms and regulators have few easy solutions for such problems.


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