ES low 1358 ?????

Picked this up off the FX newswires, possibly related..

1:49AM Talk of a large US investment bank's potential $25B writedown weighing on USDJPY and the yen crosses here.

 

tell me about it.

 

01:01-01:05 CT, Trades busted in ESH8 above 14220 and below 13980

 

Thank god they busted that one. :eek:

All cool now.

Heart attack city!! sheesh...

 

http://www.tradertom.com/analysis.htm

He writes:

"...Someone, an unfortunate soul, just made an error and sold 60,000 e-mini contracts and plunged the market for a minute or so. Now we are back up to where we were."

 

WHO decides to bust trades? I guess I was on the lucky side tonight....first filled ( 3 long)at 1408.75 then sold at 1417.25(2 short)...very strange... both trades on my books for now

 

Yes, I'd like to know that too. Suppose you just made big money out of that, and your trades get busted, how would you feel?

 

"Eddie...that was 60. Not 60,000!!"

oopsie

 

If the exchanges let those kinds of errors stand, there would be similar "errors" everyday.