Bank of America

Bank of America

DARPA Asks HFT Traders How Hackers Will Crash The Market

Among the potential scenarios probed by the Pentagon: Hackers could inject false information into stock-data feeds, sending trading algorithms out of whack; or they could flood the stock market with fake sell orders and trigger a market crash.

Global Stocks Hit New Record High, Dollar Mixed After Dovish Fed

In a trend observed every day this week, S&P futures are slightly in the red ahead of a post-open ramp with the VIX rising to 9.91, as Asian shares climb, European stocks are little changed. WTI crude pares recent gains, slipping below $51 after API showed an unexpected crude build.

Kass Warns: "The Probability Of A Flash Crash Grows Exponentially"

"...never in history have there been so many potentially adverse political, geopolitical, economic and market outcomes... Investors are probably suffering extreme mental exhaustion. Historically low volatilities and risks, coinciding with high valuations, would make anyone nervous..."

Key Events In The Coming Week: CPI, Retail Sales And FOMC Minutes

The key economic releases this week are the CPI and retail sales reports on Friday. Additionally, the minutes from the September FOMC meeting will be released on Wednesday. There are several speaking engagements by Fed officials this week, including a speech by Chair Yellen on Sunday.