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#CEO of high-speed #trading giant Virtu: Don't blame the computers for the Dow's huge plunge #investorseurope #finance #news #tax #money #business

#CEO of high-speed #trading giant Virtu: Don't blame the computers for the Dow's huge plunge #investorseurope #finance #news #tax #money #business | Offshore Trader | Scoop.it
CEO of the high-speed trading giant Virtu says the Dow's plunge today was not because of computer malfunctions — rather an "avalanche" of orders.
Igor Espanhol's insight:

"High-speed trader Doug Cifu said don't blame the computers for Monday's nearly 1,600-point plunge in the Dow Jones industrial average."

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