Posted in June 27, 2010 ¬ 11:05 pmh.
tibbetts
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Since writing about stock market crashes and normal accidents, I spent even more time talking about the events of May 6th. Good analysis is starting to come out. The best I have seen so far is Nanex’s Flash Crash Analysis. Their conclusion is that the crash was precipitated primarily by a queuing and timestamping bug [...]
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Posted in June 14, 2010 ¬ 11:31 amh.
tibbetts
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In the weeks since the precipitous and brief stock market crash on May 6th, I have found myself answering questions about it from people outside the capital markets and discussing it with insiders on many occasions. While I have some thoughts about what went on, I’m often unable to satisfy people’s desire to blame a [...]
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