NASDAQ is broken

[Grandluxe]

Another blow to retail investor confidence. Liquidity will further disappear from the markets after this episode.

 

[Tsing Tao]

Again, when you sit down at the casino, you have to expect that shit like this will happen.

 

[musicman]

Quote from Bowgett:

The move in AAPL below $500 broke NASDAQ. What a joke

Sounds like something you would hear from the talking heads at CNBC !!!

 

[Bowgett]

Quote from Grandluxe:

Another blow to retail investor confidence. Liquidity will further disappear from the markets after this episode.

Yup. This is real confidence buster

 

[Bob111]

Quote from Grandluxe:

Another blow to retail investor confidence. Liquidity will further disappear from the markets after this episode.

liquidity will disappear in a blink, if god forbid something serious happens(like 911 type of thing). last flash crash will be a walk in the park. it is the proof that they(DC,SEC,exchanges) didn't' learn anything from previous crash nor accomplished anything to prevent them in the future.

 

[Bowgett]

The question is now. Are they going to open it today? Just 2 hours of trading left.

 

[Bob111]

Quote from Bowgett:

The question is now. Are they going to open it today? Just 2 hours of trading left.

and wtf i'm gonna do ,holding all this s** on margin up to the hilt, if they decided NOT to open today. famous IB's auto liquidation here i come i guess.

 

[Grandluxe]

CNBC says certain margin requirements are now being raised...dunno which ones

 

[Bowgett]

Quote from Bob111:

and wtf i'm gonna do ,holding all this s** on margin up to the hilt, if they decided NOT to open today. famous IB's auto liquidation here i come i guess.

I am hedging my positions using futures. CME is open for business...

 

[traderslair]

Quote from Bob111:

liquidity will disappear in a blink, if god forbid something serious happens(like 911 type of thing). last flash crash will be a walk in the park. it is the proof that they(DC,SEC,exchanges) didn't' learn anything from previous crash nor accomplished anything to prevent them in the future.

The market cannot crash anymore. I move that is too big will halt the markets automatically plus they refuse sell orders. We had one a little more than a month ago. The market was halted for 5 seconds, all sell orders rejected. Then it was business as usual.