Steve Kroft gets a rare look inside the secretive world “high-frequency trading,” a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second.


How speed traders are changing Wall Street
60 Minutes, June 5, 2011

Category: Trading, Video

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2 Responses to “60 Minutes: Wall Street High Speed Traders”

  1. Rick Caird says:

    HFT has made stops way too dangerous. Any kind of flash crash can trigger the stop, forcing a sale at much lower price and leaving the seller with little or no recourse. In my opinion, the downside to HFT outweighs any “liquidity” benefit.

  2. Greg0658 says:

    thanks – missed it – at wine & jazz fest nearby
    but to the story and our future .. beware of what the propaganda box is capable off .. we could have a run on stocks allowing the super-duper-corporations and their position traders to take them private and we already know they are TBTFail &Fight .. once all the real cash* is in their hands in this technological 21st world – beware – because the next step is reprogramming corporate minds .. and whats that phrase – changing minds when an income depends on a pov**

    * – cash we don’t need no stinkin cash – we need the belief of production ownership
    ** – its point of view – but privately owned vehicle is in there too