Twitter flash crash shows risks for markets
AFP English
AFP English
  • 11 years ago
A hacked Twitter message last week, claiming that President Obama was wounded in a White House blast, sent the stock market plunging and temporarily wiped out billions of dollars in value. The event underscores the dangers of taking social media at face value in real-time, and shows the risks of high frequency trading programmes used by stock market investors.Duration: 02:06
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