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Glitch!, Part I (Cover Story)

Industry ponders remedies as software malfunctions multiply

Traders Magazine Online News, September 10, 2012

Peter Chapman

Is trading out of control? Given the spate of high profile blow-ups this year, industry professionals and the regulators are starting to wonder. All the snafus were caused by software glitches, which leads trading experts to question whether brokers and exchanges know what they’re doing when building complex automated systems.

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