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Back to Which Way, L.A.?

Which Way, L.A.?

Knight Capital and High Speed Trading on Wall Street

The Wall Street market maker Knight Capital is back in business today, at a much-reduced value, despite the chaos caused by a computer malfunction last week. This latest incident reveals how computerized algorithms control the financial markets.  What's their role in retail customer service — and choosing the next pop music star?

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    By Warren Olney • May 12, 2014 • 1 min read

    The Wall Street market maker Knight Capital is back in business today, at a much-reduced value, despite the chaos caused by a computer malfunction last week. This latest incident reveals how computerized algorithms control the financial markets. What's their role in retail customer service — and choosing the next pop music star?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Caitlin Shamberg

      KCRW

    • KCRW placeholder

      Felix Salmon

      chief financial correspondent for Axios

    • KCRW placeholder

      Chris Steiner

      author

    • KCRW placeholder

      Terrance Odean

      University of California, Berkeley

      News
    Back to Which Way, L.A.?