Time to stop this craziness in electronic markets :
Contact Robert W. Cook with your complains :
'CookR@sec.gov'
Have fun !
Contact Robert W. Cook with your complains :
'CookR@sec.gov'
Have fun !
Write Mr. Robert W. Cook - Director of SEC Division of Trading and Markets
- Thread starter ASusilovic
- Start date
NYSE Euronext Says There Were âA Number of Erroneous Tradesâ
By Elizabeth Stanton
May 6 (Bloomberg) -- NYSE Euronext said âthere were a number of erroneous tradesâ during an almost 1,000-point plunge in the Dow Jones Industrial Average.
âThere were a number of erroneous trades,â said NYSE spokesman Rich Adamonis. âOur guys just told me Nasdaq is investigating the erroneous trades. What happened today in P&G for instance, the bad print was on Nasdaq, not here,â he said, referring to a 37 percent plunge in Procter & Gamble Co.
The Nasdaq said it is investigating the plunge.
By Elizabeth Stanton
May 6 (Bloomberg) -- NYSE Euronext said âthere were a number of erroneous tradesâ during an almost 1,000-point plunge in the Dow Jones Industrial Average.
âThere were a number of erroneous trades,â said NYSE spokesman Rich Adamonis. âOur guys just told me Nasdaq is investigating the erroneous trades. What happened today in P&G for instance, the bad print was on Nasdaq, not here,â he said, referring to a 37 percent plunge in Procter & Gamble Co.
The Nasdaq said it is investigating the plunge.
This isn't electronic markets, it's Bernanke. He ruined the market.
Notice how it's done things like that since he got into office. The market is insane.
Notice how it's done things like that since he got into office. The market is insane.
This doesn't have anything to do with erroneous trades or electronic trading. Moves like this are the logical result of a markets that's highly correlated across all asset classes and which vectors are the binary risk on/risk off. This translated into forced liquidation which caused the spike down today.
how do explain some stocks trading down to one cent?
Absolutely clueless comment.
Fundamentals?
Take your pick.
black boxes gone wild
buyers strike
fat fingers
