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How Wall Street Learned to Stop Worrying & Love the Bomb (well, maybe not love, but tolerate)

Two years after the flash crash, hedge funds and other sophisticated investors have begun to appreciate the benefits of high frequency trading.

By Leah McGrath Goodman   (Illustration by Brian Cronin) A full two years after a trader, during a quiet lunch hour, engaged the algorithm heard round the world, Wall Street is finally accepting the inevitable and necessary presence of high frequency traders. Parallel liquidity crises in both the stock and futures

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