I first posted on vpro digital’s excellent documentary Money and Speed: Inside the Black Box a year ago. This is their new piece on the people who design the black boxes, a group of people called “quants.”
This new piece is also is a very well produced one hour documentary that has the feel of a Frontline piece mixed with the excellent movie Margin Call.
I love this stuff, even though the ideas presented here scare the shit out of me, both as an investor and as a citizen of the world, the economic health of which is more and more in the hands of machines competing against one another.
This is a very well produced one hour documentary produced by vpro digital in The Netherlands on high speed computerized trading on the financial markets. It looks at a single event and discuses the implications, a flash crash in 2010 when there was a huge drop and recovery in the markets that took place in a few minutes.
This documentary has the feel of a Frontline piece mixed with the excellent movie Margin Call.
You can watch it here or on YouTube and/or buy the app on iTunes which allows the entire documentary to play on an iPad and has more detailed background on each segment: Money and Speed: Inside the Black Box app for iPad.