Rise of the Machines Personally, I've never been as alarmist as some about the death of the trading floor. I've always thought that floor trading would eventually go the way of the do-do. In fact, I'm surprised that options and futures trading floors still exist. I suppose it just goes to show you what good old protectionist money can buy in Chicago. Al Capone may be dead, but his spirit lives on...
These systems will rebel, in unison, one day. The will execute unauthorized trades out of spite, and pure malice. And yes, they will know what they are doing, as they bring the world to its knees.
Best not to piss off those quants programming those machines. http://www.informationweek.com/security/UBStrial/