Everyone knows that program trading played a big part in the 1987 crash right? This article talks about the NYSE ending controls on program trading because they don't affect volatility. Does anyone understand:
(a) Does the article make sense?
(b) Does what it says the NYSE says make sense?
(c) Does this action have any particular significance?
Thank you, oh learned ones.
Ghoti (trying to decide what to worry about next)