Fat Finger

Discussion in 'Index Futures' started by sammybea, Apr 23, 2009.

  1. Anyone see that spike 15:53 est on the YM?? Was long but couldn't sell out until the 7930ish level.
  2. Yeah i saw it - freaked me out!

    Looked like a crazy limit order at 7975 and the rest of the size stayed there on the bid for what seemed like ages.

    Out of interest CQG has the T&S as showing trades going through at 7990

    But X_Trader and CQG charts show high as 7975. Do you know how many traded up there, or what in fact the fat finger order was exactly.
  3. Short squeeze.
  4. Poor liquidity in the YM caused that. There was no problem on the ES.

  5. I was in that play and by the time i came to my senses 22 sec later I sold for half the points.
    It shot up something like 65 points.
  6. Another mini fat finger for 20 pts.. What the hell is going on with the YM???
  7. Just another reason that minute & tick charts are crap.