Detailed text transcripts for TV channel - MSNBC - 20100507:03:06:00
>> in this case it's on the market doing a particular thing. s&p futures contacts. it was quite a bit larger. maybe he was using the keyboard on his ipad. >> so he buys x billion futures. >> right. >> does the market freak out because one guys does that, because systems are automated to follow individual large trades like that? or does the market freak out because actual human beings are freaked out because of what this guy did wrong? >> a bit of both. there are machine glitches and machine resumes. certain things happen and machine trading kicks in. once the market sees that and it's an effic...