Detailed text transcripts for TV channel - FOXNEWS - 20150826:19:39:00
In the public markets and also a private tech ent paren fewer, billionaire investor. this is what he told me about the volatility and how he sees high-frequency trading playing a role. >> in 2008, we didn't have high-frequency trading the way we have it today. there were multiple algorithms that appear to have decided to, you know, sell a lot of different elements, a lot of different asset classes which, in turn, triggered other algorithms which in turn triggered other algorithms and it was a cascading effect. that's the danger of when you have algorithms trading and there's no human intervent...
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