Wall Street watchdog blames ‘algo trading’ for stock market volatility

WALL STREET WATCHDOG group Better Markets is urging federal officials to get the Consolidated Audit Trail system up and running to protect against excessive swings in the stock market fueled by so-called “algo trading.” / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
PROVIDENCE – A Wall Street watchdog group wants to put a stop to so-called “algo trading” that it says is playing havoc with the stock market. The nonprofit public advocacy group Better Markets is calling for federal officials to get the Consolidated Audit Trail system launched to better police computer-driven algorithmic trading, also known as…

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