Knight’s $440 Million Loss Spurs Questions on Trade Cancel Rules

Discussion in 'Wall St. News' started by Cdntrader, Aug 22, 2012.

  1. If we cancel trades whenever someone looses money every trade would be canceled...

    I can understand canceling a trade when a stock trades at 30 and then at 0.01 the next trade but that is about it.

  2. Agreed.

    Its pretty sweet in my books that Knight had to eat it.