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Super-Fast Computer Trading: Trouble or Scapegoat

Monday, 18 Oct 2010 | 5:37 PM ET

On May 6th the Dow dropped an unprecedented 1,000 points in under a half hour.

While it’s widely believed the plunge was largely due to an automated algorithm and super-fast computers, Manoj Narang of Tradeworx thinks that actually had very little to do with what happened.

What must you know? Check out our interview with Narang as well as Mark Fisher of MBF Asset Management

Another Flash Crash?
Insight on whether there will be another flash crash with more high frequency trading, with Mark Fisher, MBF Asset Management founder and Manoj Narang, Tradeworx.

Watch the video now. It’s a conversation no investor should miss!



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Trader disclosure: On Oct.18, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman owns (AAPL); Finerman and Finerman’s firm owns (BAC); Finerman and Finerman’s firm owns (JPM); Finerman and Finerman’s firm owns (GOOG); Finerman’s firm owns (IBM); Finerman’s firm owns (MSFT); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Finerman’s firm owns S&P 500 puts; Finerman’s firm owns Russell 2000 puts; Pete Najarian owns (AAPL) call spreads; Pete Najarian owns (BAC); Pete Najarian owns (ISLN) call spreads; Seymour owns (AAPL), (BAC), (MON), (GOOG), (POT); Jon Najarian owns (IBM) calls; Jon Najarian owns (AAPL) calls

For Colin Gillis
***No Disclosures***

For Manoj Narang
***No Disclosures***

For Mark Gulley
***No Disclosures***

For Mike Khouw
***No Disclosures***

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