A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer. After Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. This is the final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Trading on the financial market is not longer dominated by humans, but by super fast computers and algorithms. The result of this digital revolution on Wall Street is a complex and fragmented financial system that is hard to understand and overseen. A system that we are all connected to. The only people who understand the system a bit, are the people who built it.
Haim Bodek started his own high frequency trading in 2007 and built a from his point of view perfect and fast algorithm. One day it just stopped working. Profits disappeared en he went looking for the cause. He decided to go public with his search to display the rotten system.
Originally broadcasted by VPRO in 2013.
© VPRO Backlight November 2013
Our globalized world causes societies, economies and cultures to seek a new balance. VPRO Documentary reflects on this with new features every week. We research subjects like politics, world economy, society and science with experts and try to grasp the essence of prominent trends and developments.
So subscribe to our channel and we will be delighted to share our adventures with you!
Visit additional youtube channels bij vpro broadcast:
vpro Broadcast: https://www.youtube.com/channel/UC75PWWQrls0z6fh0loY5I4Q
vpro Metropolis: https://www.youtube.com/channel/UCpnazGScKQfGauk7YNyI21w
vpro Documentary: https://www.youtube.com/channel/UC9sXw4ZdPEIp6bYGvLW-_iA
vpro World Stories: https://www.youtube.com/channel/UCqJ6GC0klkbFuQa-0ZePqkQ
vpro Extra: https://www.youtube.com/channel/UCTLrhK07g6LP-JtT0VVE56A
vpro VG (world music): https://www.youtube.com/channel/UC-KX3q7zIz7s2rjooBfl6Nw
vpro 3voor12 (alternative music): https://www.youtube.com/channel/UC-p9faJQsBObRNiKY8QF2NQ
vpro 3voor12 extra (music stories): https://www.youtube.com/channel/UCtgVYRLGraeL9rGMiM3rBHA
Director: Marije Meerman
Research: Gerko Wessel
English, French and Spanish subtitles: Ericsson.
French and Spanish subtitles are co-funded by European Union.