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75000 Futures – The algorithmic failures and impossible futures
Created by Gunnar Green and Bernhard Hopfengärtner, '75000 Futures' assembles 240 stock charts which were produced by the 2010 flash crash and collected and named by a company that streams and stores realtime market data.
The flash crash supposedly is the first stock market crash caused by algorithmic trading (High Frequency Trading). Today, a lot of trades on the markets is performed by algorithms and over the years even city infrastructures have been changed to accommodate the fast paced trades executed by these invisible machines. In their process, they try to correlate correlate all sorts of data to figure out what to buy and what to sell. Doing so, they evolve and become increasingly independent from their original programming.
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