
Episode 198 • • 42:17 - 45:57
198: Things Could Get Complicated
Max Keiser and VST Trading Code Patents
Max Keiser, creator of the Hollywood Stock Exchange, is identified as the original patent holder for VST code, which was designed to combat market manipulation. The hosts explain that reverse-engineering this code resulted in modern high-frequency trading systems. Keiser reportedly lost his ability to reclaim the code after patent documents were destroyed in the World Trade Center on September 11, 2001.
