Wall Street History: High Frequency Trading Is Nothing New
These days you can’t go 10 feet on Wall Street without hearing something about high frequency trading or ultra-fast computer trading.
It’s a sensitive issue and one that generates a great deal of controversy.
Though high frequency trading is a reasonably new phenomenon, shrewd market strategies have been part of the market for centuries.
In this latest installment of our special series on Wall Street History, CNBC’s Tyler Mathisen looks at some of the most ingenious– if not outrageous - strategies used in the 19th century by financial pros.
You won’t believe the lengths they’d go to! Get all the details in the video below. It’s only 2 minutes and we think you’ll enjoy it!
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CNBC.com with wires.