I think we all saw recently, on May 6th, how challenging the merging of the advance of technology, high-frequency trading, and some of the results of perhaps not having totally in place all of the appropriate circuit breaker, stopgaps, and other tools that may be necessary to make sure that we do not see a repeat of $1 trillion, 15-minute or 21-minute loss that took place on that day.
Warner discusses the challenges posed by technology and trading practices after the May 6th market plunge.
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