ES low 1358 ?????

Trader KGB · Jan 14, 2008

Picked this up off the FX newswires, possibly related..

1:49AM Talk of a large US investment bank's potential $25B writedown weighing on USDJPY and the yen crosses here.

minmike · Jan 14, 2008

tell me about it.

JamesJ · Jan 14, 2008

01:01-01:05 CT, Trades busted in ESH8 above 14220 and below 13980

saxon · Jan 14, 2008

Thank god they busted that one. :eek:

All cool now.

Heart attack city!! sheesh...

abxs · Jan 14, 2008

http://www.tradertom.com/analysis.htm

He writes:

"...Someone, an unfortunate soul, just made an error and sold 60,000 e-mini contracts and plunged the market for a minute or so. Now we are back up to where we were."

RichardRimes · Jan 14, 2008

WHO decides to bust trades? I guess I was on the lucky side tonight....first filled ( 3 long)at 1408.75 then sold at 1417.25(2 short)...very strange... both trades on my books for now

abxs · Jan 14, 2008

Quote from RichardRimes:

WHO decides to bust trades? I guess I was on the lucky side tonight....first filled ( 3 long)at 1408.75 then sold at 1417.25(2 short)...very strange... both trades on my books for now

Yes, I'd like to know that too. Suppose you just made big money out of that, and your trades get busted, how would you feel?

saxon · Jan 14, 2008

Quote from abxs:

http://www.tradertom.com/analysis.htm

He writes:

"...Someone, an unfortunate soul, just made an error and sold 60,000 e-mini contracts and plunged the market for a minute or so. Now we are back up to where we were."

"Eddie...that was 60. Not 60,000!!"

oopsie

abxs · Jan 14, 2008

Quote from saxon:

"Eddie...that was 60. Not 60,000!!"

oopsie

saxon · Jan 14, 2008

Quote from abxs:

Yes, I'd like to know that too. Suppose you just made big money out of that, and your trades get busted, how would you feel?

If the exchanges let those kinds of errors stand, there would be similar "errors" everyday.