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Paul T Maurer - Technology and Business

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"About 4,000 trades were broken on Thursday after being identified as clearly erroneous as per exchange rules"

About 4,000 trades were broken on Thursday after being identified as clearly erroneous as per exchange rules, Mr. Niederauer said, and the wild fluctuations were certain to prompt more scrutiny of high-frequency trading from regulators.

"We as an industry have to say how much is too much of this technology," Mr. Niederauer said.

via online.wsj.com

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