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trading algorithms

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 20, 2014 by Sean Gourley · across every show →

Everything said about trading algorithms, oldest first

Mar 20, 2014
Assertion Partly supported
A fake AP tweet about White House explosions wiped $200B
“And a fake news report from AP Newswire comes out, says there's a bomb in the White House, and then this happens. The algorithms leave the market because they go, I don't really know what's going on here. I know something to do with the bomb happened, and prob…”
Sean Gourley Mar 20, 2014 ▶ 7:33 Sean Gourley, Quid // Data Driven #25 // March 2014 (Hosted by FirstMark Capital)
Mar 20, 2014
Assertion Partly supported
Gourley: Trading algorithms exit markets during Fed report releases
“They're all pre-programmed. To get out of the market when a Fed report comes out about the unemployment rates because they don't know how to read it.”
Sean Gourley Mar 20, 2014 ▶ 6:27 Sean Gourley, Quid // Data Driven #25 // March 2014 (Hosted by FirstMark Capital)
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