It’s not fast-talking traders on the New York Stock Exchange behind the action. The majority of trading is done on large server farms based in New Jersey and elsewhere.
Points a paragraph of the article Computers rule Wall Street in CNNMoney, which is worth taking a look at.
Experts don’t blame high-frequency trading entirely for the market’s nauseating moves, but they say it certainly exacerbates them.
will follow up with myideas on this matter, but did not want to miss the opportunity to post it.