Might be interesting to some on Elite Trader who did not catch the original story ran back in May of 2011.
http://www.cbsnews.com/video/watch/?id=6945164n
http://www.cbsnews.com/video/watch/?id=6945164n
"60 Minutes" Runs "H.F.T.S." story again on August 11, 2013
- Thread starter JesseJamesFinn
- Start date
Its false. HFT stop trading when the going gets tough.
Manoj!!
From everything that I read, the same happened during 1987 crash, MMs stopped making the market.
Removing the quotes during the panic is not a real issue, it is all other unfair advantages that should be reigned in.
Then again, only traders really care about this issue. majority of people that I know, who invest, do not give a damn. Their thinking, few pennies here and there, who cares, if I told the stocks for weeks and months.
Removing the quotes during the panic is not a real issue, it is all other unfair advantages that should be reigned in.
Then again, only traders really care about this issue. majority of people that I know, who invest, do not give a damn. Their thinking, few pennies here and there, who cares, if I told the stocks for weeks and months.
Quote from marketsurfer:
Manoj!!
his brother(and sometimes his sister) called me all the time,until i disconnected the land line.
it's the guy,who picks up the phone after Rachel from Card Services -> press 1
http://www.youtube.com/watch?v=RAuW-A6vrq0
i use f** with them all the time,using my favored sound board-
http://www.realmofdarkness.net/pc/sb/pesci/5
Quote from lwlee:
Surf! Surf!
What happened, man???? I thought we were riding BIOD to 9???? You left me holding the bag at 6!!!! What I'm gonna do NOW? Double down??
Dude, I posted clearly when we closed that trade. surf.
It's still going to 9 but going lower first.