Far from a disruptive force, high-frequency trading helped the market recover relatively quickly...

|By:, SA News Editor

Far from a disruptive force, high-frequency trading helped the market recover relatively quickly during the May 6 flash crash by restoring trading volume quickly after traders had pulled back, hedge fund pro Jim Simons says. Seven minutes of chaos was a lot better than a market "flat on its back," which was the case after the 1987 crash. (also)