By Colm O'Regan
If a computer glitch lost Knight Capital $440m, how long will it be before high-frequency trading computers threaten the stability of the civilised world?
Glitch: It seems a benign enough word, as if a computer said "Whoops-a-daisy! Sorry about that. I'll get a cloth." Or in the case of the Knight Capital glitch "Eh... I'll get my coat."
Appropriately enough, the word may have originated with the Yiddish "glitsh" meaning "slippery place" - appropriate because we may be at the top of a slippery slide.
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