Algorithm Fined for Bad Conduct

NYSE Euronext, the Euro-American operator of several securities exchanges, has fined Credit Suisse's trading division for failing to monitor a computer trading algorithm. The algorithm misconducted hundreds of thousands of stock transactions.

Earlier this month, a malfunctioning algorithm accidentally traded 200,000 futures contracts to itself. And last year, the London Stock Exchange shut down after a rash of computer-generated orders.

With an estimated sixty percent of all trading done by algorithms, a number which can be expected to grow, the algorithms seem to have found a smarter path to world domination than through global warfare.

I can't do that, Dave.