Scenarios about 'program trading'
Program trading refers to the use of computer algorithms to automatically execute large volumes of securities transactions based on predefined criteria or market conditions. This practice emerged in the 1980s and gained notoriety following the 1987 stock market crash, where it was initially blamed for exacerbating market volatility. In alternate history scenarios, different regulatory approaches to program trading could significantly alter financial market development and stability throughout the digital age.
What If The Black Monday Crash of 1987 Never Happened?
Exploring the alternate timeline where the largest single-day percentage decline in U.S. stock market history never occurred, potentially reshaping the trajectory of financial markets, regulation, and global economic development.