traders 2018
Daito Manabe You Tanaka Kenichiro Shimizu Shogo Kawata (GORAKU) Takao Inoue
generated audio and visuals based on financial data from October 7, 2016. 2018.
On Friday, October 7, 2016 starting at 08:04 am, the British pound/US dollar suddenly fell, momentarily reaching a drop of 6.1%.
Many speculations were made, such as whether it was caused by “fat finger“ errors or chain reactions from algorithmic and high-frequency trading, but none have provided a definitive investigation.
This momentary crash has been referred to as a Flash Crash since May 6, 2010, when the 30 stocks of Dow Jones Industrial Average fell about 1,000 dollars (9%) in a few minutes,
and recorded the biggest such drop during a trading session.
This work visualizes and auralizes various data from the moment when the Flash Crash took place.
It provides a direct experience of AI-led automated trading coming in contact with the fragility of a highly advanced information society, d
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