what f*ck just happened

Magna,

believe me, this was neither a little clerk, nor was it entered
in error. If you ask me, it was some head of desk who made
at least $5M today in trading S&P futures.
 
It is starting to get weird, Seems like every few months there's some kind of major fiasco that hoses most of the players.
 
Notice that only those who were long ES before the drop are saying the trades should be busted? LOL. Anyone who made money thinks the trades should stand.
 
Quote from Quah:

Notice that only those who were long ES before the drop are saying the trades should be busted? LOL. Anyone who made money thinks the trades should stand.

The point is not who made money or lost money. The point is the inability of these exchanges to operate a "fair and orderly" market.

If they are unable or unwilling to do that, they should not be licensed to do that.
 
Quote from Quah:

What was not fair about todays market?


right - it was a big order - it was executed - end of the story.


edit: i did not trade today - so i'm not biased
 
Quote from gerry875:




right - it was a big order - it was executed - end of the story.

IT WAS EXECUTED! Why was it busted then? Not end of the story.
 
It's ridiculous to argue that the CME should bust trades as well. What's next, Eurex busting DAX trades because they broke in sympathy. Keep in mind that the CME has been quite concerned about losing market share to the CBOT's Dow complex. The Merc is gloating right now!
 
Quote from Quah:

What was not fair about todays market?

I'll be sure and ask you the same question when this happens again and YOU get screwed.

And probably add one of these little faces, like...


:D
 
bot YM at 8783, sold 9019, chat with IB, 9019
willnot be busted, big win-> lost trade,f*ck!!!!
even can't close trade now.
hope Moday willnot gap up
 
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