i thought the wall street code was a giant whinge fest....
my argument was...how many times does a trader have to have their technique result in failed trades before that trader pulls off executing until that trader can elocute what is going wrong....a pro trader should know pretty quickly and backroom support should...if youre slowly eating your way thru your capital without pulling back and checking data then youre reverting to muppet status and only one person can be blamed for that......
this is a follow-up note how aussie regulators are used to back-up the interviewees answers: https://www.youtube.com/watch?feature=player_embedded&v=aNoNdN66Q5E
as a side note, any kill switch is just likely to cause mayhem in it's (mis)use...and whom, exactly, would know the exact correct use? .....no one!
