What the f*ck happened (again)?

O

opm8

Since no one has started this thread today I thought I would. :)

At about 3:08 PM EST today the E-mini's dropped like a rock from 1009.75 down to about 990.50 in the space of a couple of minutes.

All trades busted below 996, apparently.

--opm8
 
Another rip off for the little guy. Any of the big boys caught
with their pants down get to do Overs!! Neener! Neener!

I know TS users got hosed up on the feed.

However, were there any E-Signal users that experienced that 3-4 sec. delay in data as the price fell thru the floor?


-momo
 
To GLOBEX traders
Mon Jul 14 16:05:08 2003 EST

We have been contacted by Globex regarding a spike in the
E-mini September futures contract.

Globex's complaince department has stated that all executed
trades in the ES Sept futures contract at the executed
price of 995.75 and below during the time beginning 14:08 EST have been ruled as erroneous and have been busted. You will see the execution removed from your account today.

IB Customer Service


NQLX/GGY/FUT
More...

nitro :mad:
 
well, the usual stuff today. longs get fucked due sell stops.
same applies to shorts because of emotional strain.
cannot await the next one.
 
Quote from opm8:

Since no one has started this thread today I thought I would. :)

At about 3:08 PM EST today the E-mini's dropped like a rock from 1009.75 down to about 990.50 in the space of a couple of minutes.

All trades busted below 996, apparently.

--opm8
More...

This shit blows.

How can you trust a market when you wonder if your order will be cancelled 30 minutes after you buy a downdraft??

The answer is ..you can't! So these types of errors will probably only cause MORE havoc going forward. :mad:
 
Quote from nitro:



nitro :mad:
More...

Looks like another rogue trade. I've seen reports that it was in ES this time. I thought there was an order limit on Globex?

Natalie
 
Quote from Girlpower:



Looks like another rogue trade. I've seen reports that it was in ES this time. I thought there was an order limit on Globex?

Natalie
More...


me too...
 
Quote from Girlpower:



Looks like another rogue trade. I've seen reports that it was in ES this time. I thought there was an order limit on Globex?

Natalie
More...

There is... 250 ES. But some dumbf*ck probably put in some kind of manual overide and sold multiple 250 orders.
 
You must log in or register to reply here.
Back
Top