Attack of Future Bots

The increased use of computerized algorithms in the markets is not only leading to a false sense of volume but also an increased risk of cyber attacks on our financial system. As we have discussed before, we continue to be concerned about the underlying risks of HFT algorithms. HFT themselves cause us worry about another flah crash until they are regulated  but add in the risk of a cyber attack on our financial system and the magnitude of an event like that is unimaginable.

Data Guru Warns of Future Bots – Barrons.com.

NDAQ Cyber Attack

Nanex Data