DEAD HAND SYSTEM // EFFECTIVELY IRREVERSIBLE
ALGORITHMIC TRADING
Autonomous financial systems executing trades at microsecond speeds. Over 70% of market volume. Flash crashes propagate faster than human intervention.
LINKED THREAT VECTORS
This system amplifies or is amplified by the following threat vectors on the tracker:
ECONOMIC DISPLACEMENT POWER CONCENTRATION CYBER AUTONOMY
SOURCES [3]
- SEC & CFTC joint report on the May 6, 2010 flash crash (Sept 2010) — sec.gov
- Kirilenko, Kyle, Samadi & Tuzun, "The Flash Crash: High-Frequency Trading in an Electronic Market," Journal of Finance (2017) — onlinelibrary.wiley.com
- Bank for International Settlements Working Paper 1029 on electronic trading (2022) — bis.org