rogue algorithm smashes nyse

A rogue bot has yet again gone on the rampage at the New York Stock Exchange.

They are calling it a technology breakdown (hah)?

Reuters quote.
"A technology breakdown at a major trading firm roiled the prices of 140 stocks listed on the New York Stock Exchange on Wednesday, undermining fragile investor confidence in the stability of U.S. stock markets."

Other fund managers in the USA are saying ""How many more dollars now have to come out of the market because people don't trust it?".

Rogue bot rips through stock market

http://www.reuters.com/article/2012/08/01/us-usa-nyse-tradinghalts-idUSBRE8701BN20120801

Gw