# Algorithmic Trading on The No Agenda Show

Algorithmic Trading comes up in 8 chapters across 8 episodes of The No Agenda Show, from November 2009 to October 2026.

- **Chapters:** 8
- **Episodes:** 8
- **Discussed:** November 2009 – October 2026
- **Related topics:** [Algorithms](https://search.noagendashow.net/topic/algorithms.md), [Market Manipulation](https://search.noagendashow.net/topic/market-manipulation.md), [Stock Market](https://search.noagendashow.net/topic/stock-market.md), [Anne Hathaway](https://search.noagendashow.net/topic/anne-hathaway.md), [Api](https://search.noagendashow.net/topic/api.md), [Arbitrage](https://search.noagendashow.net/topic/arbitrage.md), [Artificial Intelligence](https://search.noagendashow.net/topic/artificial-intelligence.md), [Berkshire Hathaway](https://search.noagendashow.net/topic/berkshire-hathaway.md), [Biometrics](https://search.noagendashow.net/topic/biometrics.md), [Bitcoin](https://search.noagendashow.net/topic/bitcoin.md)

## Chapters 1–8 of 8

### AI Trading and Algorithmic Market Liquidation

- **Episode:** [1908: Chivatican](https://search.noagendashow.net/episode/1908-chivatican.md)
- **Published:** 2026-10-01
- **Time:** 41:08–43:11
- **Transcript:** https://search.noagendashow.net/episode/1908-chivatican/chapter/ai-trading-and-algorithmic-market-liquidation.md

The hosts discuss the rise of AI-driven trading on platforms like Robinhood and the potential for "AIs fighting AIs" in the markets. Andrew Horowitz explains how institutional investors use algorithmic trading to liquidate positions without affecting major indices. Despite the risks of automation, he maintains that the market remains one of the greatest creators of wealth.

Keywords: [robinhood](https://search.noagendashow.net/topic/robinhood.md), [algorithmic trading](https://search.noagendashow.net/topic/algorithmic-trading.md), [artificial intelligence](https://search.noagendashow.net/topic/artificial-intelligence.md), index options, [liquidation](https://search.noagendashow.net/topic/liquidation.md)

### David Pakman, Trump Media and High Frequency Trading

- **Episode:** [1891: We Need Memes!](https://search.noagendashow.net/episode/1891-we-need-memes.md)
- **Published:** 2026-08-02
- **Time:** 31:47–39:45
- **Transcript:** https://search.noagendashow.net/episode/1891-we-need-memes/chapter/david-pakman-trump-media-and-high-frequency-trading.md

Progressive commentator David Pakman detailed the financial implications of the Truth Social API, noting that Trump Media offers a discounted rate of $60,000 per month for three-year commitments. The discussion focuses on how high-frequency trading algorithms utilize millisecond advantages to execute trades based on market-moving announcements. The hosts speculate on the risks of AI misinterpreting typos in Trump's posts, which could lead to rapid financial losses.

Keywords: [david pakman](https://search.noagendashow.net/topic/david-pakman.md), [trump media](https://search.noagendashow.net/topic/trump-media.md), [truth social](https://search.noagendashow.net/topic/truth-social.md), [api](https://search.noagendashow.net/topic/api.md), [high frequency trading](https://search.noagendashow.net/topic/high-frequency-trading.md), [algorithms](https://search.noagendashow.net/topic/algorithms.md), [market volatility](https://search.noagendashow.net/topic/market-volatility.md)

### Pentagon Explosion Hoax and Algorithmic Trading

- **Episode:** [1558: Mediatized](https://search.noagendashow.net/episode/1558-mediatized.md)
- **Published:** 2023-05-25
- **Time:** 11:46–15:58
- **Transcript:** https://search.noagendashow.net/episode/1558-mediatized/chapter/pentagon-explosion-hoax-and-algorithmic-trading.md

An AI-generated image of a fake explosion at the Pentagon briefly rattled Wall Street, causing a $100 billion market move. The report suggests that the dip was triggered by algorithmic trading bots scanning Twitter for keywords, and posits that the hoax was likely a coordinated effort by traders to profit from short positions rather than a Russian state operation.

Keywords: [pentagon](https://search.noagendashow.net/topic/pentagon.md), [twitter](https://search.noagendashow.net/topic/twitter.md), [wall street](https://search.noagendashow.net/topic/wall-street.md), [rt](https://search.noagendashow.net/topic/rt.md), [algorithmic trading](https://search.noagendashow.net/topic/algorithmic-trading.md)

### Algorithmic Trading and Cryptocurrency Market Impact

- **Episode:** [1006: Congressional Jignitty](https://search.noagendashow.net/episode/1006-congressional-jignitty.md)
- **Published:** 2018-02-08
- **Time:** 24:09–29:27
- **Transcript:** https://search.noagendashow.net/episode/1006-congressional-jignitty/chapter/algorithmic-trading-and-cryptocurrency-market-impact.md

The recent market downturn is attributed to a "perfect storm" involving algorithmic trading bots, retail investors using apps like Robinhood, and a crash in Bitcoin prices. Speculation is raised regarding the Council on Foreign Relations (CFR) and whether institutional players manipulated the market to send a message during the leadership transition at the Federal Reserve.

Keywords: [algorithmic trading](https://search.noagendashow.net/topic/algorithmic-trading.md), [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [council on foreign relations](https://search.noagendashow.net/topic/council-on-foreign-relations.md), [robin hood](https://search.noagendashow.net/topic/robin-hood.md), [market manipulation](https://search.noagendashow.net/topic/market-manipulation.md)

### China's Economic Instability and Market Manipulation

- **Episode:** [918: Kim Jong Yum Yum](https://search.noagendashow.net/episode/918-kim-jong-yum-yum.md)
- **Published:** 2017-04-06
- **Time:** 1:57:21–1:59:43
- **Transcript:** https://search.noagendashow.net/episode/918-kim-jong-yum-yum/chapter/china-s-economic-instability-and-market-manipulation.md

The hosts discuss the fragility of the Chinese economy, claiming that the stock market is propped up by "click farms" of people acting as manual algorithms. They describe the high volatility of Chinese stocks listed on the NASDAQ and warn of the risks associated with the manipulated Chinese market.

Keywords: [china](https://search.noagendashow.net/topic/china.md), [stock market](https://search.noagendashow.net/topic/stock-market.md), [margin trading](https://search.noagendashow.net/topic/margin-trading.md), [algorithms](https://search.noagendashow.net/topic/algorithms.md), [click farms](https://search.noagendashow.net/topic/click-farms.md)

### Anne Hathaway, Berkshire Hathaway Stock Correlation

- **Episode:** [288: George W. Obama](https://search.noagendashow.net/episode/288-george-w-obama.md)
- **Published:** 2011-03-20
- **Time:** 2:12:35–2:15:02
- **Transcript:** https://search.noagendashow.net/episode/288-george-w-obama/chapter/anne-hathaway-berkshire-hathaway-stock-correlation.md

An analysis suggests a correlation between news coverage of actress Anne Hathaway and the stock price of Warren Buffett's Berkshire Hathaway. The theory posits that automated trading algorithms scanning for "Hathaway" and positive sentiment inadvertently trigger buys for the investment firm. The hosts conclude the show with a reminder to support the program via Dvorak.org/NA.

Keywords: [anne hathaway](https://search.noagendashow.net/topic/anne-hathaway.md), [berkshire hathaway](https://search.noagendashow.net/topic/berkshire-hathaway.md), [warren buffett](https://search.noagendashow.net/topic/warren-buffett.md), [algorithmic trading](https://search.noagendashow.net/topic/algorithmic-trading.md), [stock market](https://search.noagendashow.net/topic/stock-market.md)

### High-Frequency Trading and Market Manipulation

- **Episode:** [225: Checkpoint Nation](https://search.noagendashow.net/episode/225-checkpoint-nation.md)
- **Published:** 2010-08-12
- **Time:** 1:18:50–1:21:58
- **Transcript:** https://search.noagendashow.net/episode/225-checkpoint-nation/chapter/high-frequency-trading-and-market-manipulation.md

The discussion turns to "crop circles" in market data caused by high-frequency trading algorithms. These programs execute thousands of bids per second to manipulate stock prices. The hosts question the legality of these practices under SEC rules and advise listeners to stay out of the traditional stock market.

Keywords: [flash trading](https://search.noagendashow.net/topic/flash-trading.md), [high-frequency trading](https://search.noagendashow.net/topic/high-frequency-trading.md), [sec](https://search.noagendashow.net/topic/sec.md), [algorithms](https://search.noagendashow.net/topic/algorithms.md), [market manipulation](https://search.noagendashow.net/topic/market-manipulation.md)

### Goldman Sachs High-Velocity Trading, Subway Biometrics

- **Episode:** [147: Podcast Award Nominees](https://search.noagendashow.net/episode/147-podcast-award-nominees.md)
- **Published:** 2009-11-11
- **Time:** 1:19:56–1:21:30
- **Transcript:** https://search.noagendashow.net/episode/147-podcast-award-nominees/chapter/goldman-sachs-high-velocity-trading-subway-biometrics.md

The hosts discuss online forums where programmers openly detail high-velocity trading algorithms used by Goldman Sachs for derivatives and arbitrage. Additionally, they examine security footage from the New York City subway that appears to show advanced biometric tracking and individual recognition boxes following passengers in real-time.

Keywords: [goldman sachs](https://search.noagendashow.net/topic/goldman-sachs.md), [algorithmic trading](https://search.noagendashow.net/topic/algorithmic-trading.md), [arbitrage](https://search.noagendashow.net/topic/arbitrage.md), [biometrics](https://search.noagendashow.net/topic/biometrics.md), [facial recognition](https://search.noagendashow.net/topic/facial-recognition.md)

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