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on Aug 4, 2012
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Trading Program Ran Amok, With No ‘Off’ Switch
Doesn't this mean that others made a killing, taking advantage of all the mispriced orders?
jonah
on Aug 4, 2012
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Most likely. c.f. the recent JPMorgan losses[1].
[1]
http://www.pbs.org/newshour/businessdesk/2012/06/who-benefit...
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