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Old Mar 23rd, 2012, 04:44 PM   #1
johnnyqpublic
Registered User
 
Join Date: Mar 2010
Posts: 280
http://www.thestreet.com/story/11468...es-on-ipo.html

Anybody see that happen? First I've heard about it, but wasn't watching.
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Old Mar 23rd, 2012, 05:49 PM   #2
EulerFourier
 
 
Join Date: Feb 2012
Posts: 53
What a joke!

http://www.zerohedge.com/news/skynet...-flash-crashes

http://www.bloomberg.com/news/2012-0...-rebounds.html
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Old Mar 23rd, 2012, 05:58 PM   #3
peilthetraveler
 
 
Join Date: Jun 2005
Posts: 7,509

I like the part of the article that says "We note that there were some trades executed at $0.00!"

Then when you look at the comments section some guy says "glad i sold my shares at 0.00 before they went negative"
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Old Mar 23rd, 2012, 07:23 PM   #4
syswizard
 
 
Join Date: Jun 2004
Location: PA
Posts: 3,989
OMIGOSH - BATS actually caused this imbalance....this just from CNBC.

This is likely due to their POOR QUALITY SOFTWARE from cheap INDIAN OUTSOURCING.

What a story !!! They have now PAID THE PRICE. BATS is dead...who could trust them ???

Mariott Corporation did the same thing with a similar disasterous outcome:
http://www.thedenverchannel.com/news...87/detail.html

Everyone loves software outsourcing, but BOTTOMLINE:
The quality really, REALLY SUCKS !
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Old Mar 23rd, 2012, 07:23 PM   #5
Grandluxe
 
 
Join Date: Aug 2006
Location: Modakeke, Nigeria
Posts: 3,284
yeah i had to use EDGX today
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Old Mar 23rd, 2012, 08:57 PM   #6
bwolinsky
 
 
Join Date: Jul 2008
Location: KCMO, Kansas and Kentucky
Posts: 4,935
I'll be sure not to make these mistakes when my stock exchange opens.

Basically BATS is in Beta.
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