vpro digital

The Wall Street Code

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.

Money and Speed: Inside the Black Box

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.