Speed
Radiolab
00:00
Trade Works
Between 50 and 70 plus % of all the trades that happen on what we think of as wall street are not executed by a human being. They are actually executed by an algaritm at a speed rate and scale that is beyond our comprehension. So i decided i would try and comprehend this new world that he was describing. And nce this is a subject matter that generally makes me frightened, frankly, i decided to cal up david keston bomb from planet money hajat. Indeed, there could be more than one. There probably are on twitter. In any case, it did not click for either of us just how fast, how inhumanly fast, trading had gotten until we
Play episode from 22:53
Transcript
