Two Norwegian day traders who outwitted the automated trading system of a big US broker have been cleared of all wrongdoing by the country’s highest court.
...
Mr Larsen told the Financial Times that he was still getting the better of algorithmic trading systems today. “Just the other month UBS forgot to set a bottom limit on one of their algos and I got some stocks for cheap,” he said. “They even called me afterwards and asked me to reverse the trade!” He declined to do so.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
