From floppy disk crash of '87 to flash crash of today with the Nanex Algo hunter!
Tomorrow marks the 25th anniversary of Black Monday of 1987. With the rise of algorithmic and high frequency trading we ask our guest, Nanex founder Eric Hunsader, how the increase of robots might change a future market crash? Plus, what might it take to get fairness back in the market place? Eric also tells us all about the issues and practices of high frequency traders from the frontlines. And Newsweek Magazine announced today that it is ending its print edition and moving to an all-digital format. Is this part of a larger trend we are seeing first hand in the media business? Lauren and Demetri discuss the move to the blogosphere and alternative media in today’s Loose Change.