KCG down due to rumor of algo gone wild

[m22au]

https://twitter.com/TripleDTrader/status/230670825244741633
"@JustinRBLT Good point, could be an institutional algo gone wild. But rumors are its a Knight algo. "

see action this morning in
$JWF $BBY $RSH $VZ $PEP
$CO $RSH $WZE $KWK $TLON

 

[atticus]

Yeah, it's Knight. Hearing $30MM so it's largely overblown if the number is accurate.

 

[m22au]

https://twitter.com/JATranfo/status/230671195555639298

Add $BRK.A to the lit RT @ppearlman: Hearing stocks affected by the $KCG problems include $LVLT $DOLE $JNOR $AFL $TKR $N $HLF $GT $ARC $NOK

 

[promagma]

Wow .... I was wondering about that. I traded MCP, DDD, ANF, BVN, P, TKR this morning. Crazy.

I thought Uncle Ben couldn't keep the secret any longer and pre-announced QE's 3, 4 and 5.

 

[tradingmonkey]

Alot of people just made their year

 

[m22au]

Quote from tradingmonkey:

Alot of people just made their year

I had a very good morning on RSH and NOK, assuming that my trades aren't busted.

 

[Zr1Trader]

BATS, Knight, NASDAQ, they're all hacked up



*KNIGHT TELLS CLIENTS TO EXECUTE TRADES ELSEWHERE FOR NOW"

 

[m22au]

http://markets.nyx.com/nyse/trader-updates/view/11183

http://markets.nyx.com/sites/market...chments/11184/nyse_cee_symbols_aug_1_2012.xls

AA
AAU
ACI
AFL
AGN
AIG
ALU
AMD
AMT
AMTD
ANF
ANR
ARC
ARR
AUY
AXP
BAC
BBY
BG
BPL
BRK B
BUD
BYD
C
CAT
CFP
CHK
CIK
CLGX
CO
CODE
COH
CSH
CVS
DD
DDD
DE
DG
DHX
DLB
DOLE
DOW
EAD
EJ
ETP
EXC
EXG
F
FOE
FRX
FSL
GBG
GBX
GE
GG
GIS
GLW
GM
GME
GNW
GOV
GT
HFC
HLF
HMC
HOG
HUM
JNPR
JWF
JWN
KGC
KKR
KRO
KWK
LAD
LEN
LNG
LODE
LOW
LSI
LUV
LVLT
LYB
LYG
MCP
MHR
MPC
MTL
MTW
MTZ
N
NAT
NAVB
NEM
NG
NLY
NOK
NUS
NVS
NYB
O PRE
P
PEP
PFE
PGH
PHT
PIR
PL
RAD
RBS PRF
REE
RSH
SAN
SD
SLW
SNE
SWN
T
TEU
TIE
TKR
TPLM
TRN
TSM
TVL
TWO
UAL
UL
UN
UTG RT
VCI
VG
VNR
VZ
WAG
WFC
WLP
WPI
WZE
YGE

 

[m22au]

Quote from m22au:

I had a very good morning on RSH and NOK, assuming that my trades aren't busted.

I'm waiting patiently to find out if I had a good morning or not ...

 

[hughb]

Any updates yet? Have any of your trades been busted?