Fintech
The Algorithm That Caused a 10-Second Stock Crash in 1987
On October 19, 1987, portfolio insurance algorithms erased 22.6% of market value. Today's HFT executes 300,000 trades per second. We learned nothing from Black Monday.
Hyle Editorial·
The Day Computers Broke the Market
The 1987 stock market crash was a complex event influenced by multiple factors, including market overvaluation, rising interest rates, trade deficits, human pani
