Busted Trades

A

AnonymousTrader

This thread is inspired by COCO activity.

Does anyone have a link to an official rule/law that gives NASDAQ the authority to reverse trades? Or a link to a official rule/law that explains when trades are invalid?

Thanks.
 
Quote from AnonymousTrader:

This thread is inspired by COCO activity.

Does anyone have a link to an official rule/law that gives NASDAQ the authority to reverse trades? Or a link to a official rule/law that explains when trades are invalid?

Thanks.
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read ECN erroneous trade policy 3-10% out of BBO
 
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