Vedant Misra

Founder/CEO at an AI startup called Kemvi. I'm interested in artificial intelligence, consciousness, rationality, neuroscience, markets, and Mexican food.

Why flash crashes happen

The markets have been volatile recently. Various securities have experienced “mini flash crashes”: they suddenly lose a large fraction of their value, and regain it just as quickly. I wrote a piece for NECSI’s website to explain some of the market microstructure behind why flash crashes happen.