Programs

Cash Investigation: High-frequency Trading

Most of us have never heard of high-frequency trading. Yet, many experts predict that the next financial crisis will be caused by this new practice, invented by Wall Street. Thousands of computers are interconnected, buying and selling thousands of market shares every micro-second, with no human control or regulation. We delve into a mad financing world dominated by machines, or rather, by elaborate algorithms carefully developed by mathematicians. The ultimate goal? To reach maximum profit within a few seconds. But sometimes, software breaks down and creates, what experts call a “flash crack,” an instantaneous market collapse. We investigate the job of speed traders and expose the often shocking methods they use to reach their goals.

PRODUCTION INFO

  • Year: 2012
  • Duration: 52 mins
  • Production: PREMIÈRES LIGNES
  • Director: Irène Bénéfice and Olivier Toscer
  • Available Versions: ENG, FRA, ESP
  • Country of production: France

Related Programs

Money Bots

About half of Wall Street trades are now performed by automated 'bots. As the algorithmic robot traders outpace and outperform the humans, what are the dangers they pose?

More info

Banksters

From the director of 'Goldman Sachs: The Bank that Rules the World' comes a major new investigation into corruption at one of the world's top financial institutions – HSBC.

More info

Cash Investigation: Sugar Overload

In this investigation, we examine the sugar industry. As well as the epidemic in child obesity, sugar has been linked to diabetes, heart disease, hypertension and many common cancers.

More info