Q&A by Don Bright
FLASH CRASH REDUX?
You have written about the flash crash and its impact on how the markets are working. Has there been anything done to assure that it won’t happen again, or to make the spreads tighter for the average trader? —Maverick99Boston
Talk about a timely issue! My first reaction was to say, “Of course things are much better” — but then I asked Dennis Dick, one of my resident experts, on the topic. He had just put together an article about the subject. Some excerpts: