Financial Trading Algorithms Aren't Just Making Deals, They're Making War

"Theft of trading ideas has long been a proud tradition on trading floors across the world. There was a time when smart traders would hang out in the same restaurants, bars, and flophouses as their institutional counterparts trying to catch a hint about tomorrow’s dealings or to manipulate another trader with some skullduggery--and then try to take advantage of the trade. These days it’s common knowledge that computers do a lot of our financial dealing, but a somewhat frightening article in the London Review of Books describes how the algorithms have now taken up the trader’s practice of trying to fool each other."