NYSE says Electronic Trading Black Box for plunge

I am glad they are being truthful

Remember
You can't blame the bots.........only the programmers

 

these boxes are getting pretty smart...

 

The holy Iraqi Stock Exchange in Baghdad has better trading controls than the f'king markets here

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Where did you get that picture of me?

 

LOL yeah we definitely need more HUMAN TOUCH rather than machine control

that's for sure

 

I trade all the major European exchanges and none of this US bullshit happens there!

Not in Paris.
Not in London.
Not on Xetra.
Not in Madrid.
Not in Milan.
Not on Chi-X.
Not on OMX.
Not in Oslo.

Yes, they're all electronic. They just don't have these leeches like in the US fucking up the market every day!

 

Kerviel Systems Model 101.

 

Utter rubbish - European markets have had giant intraday swings on fat fingers, options expiry, 9/11 liquidity collapse etc.

 

100% agreed. The market rules for when to bust things have been on the books for a long time but I totally agree. If you can stop your fucking algo then, well, that's the cost of doing business. Tweak it for next time.

 

http://www.zerohedge.com/article/day-market-almost-died-courtesy-high-frequency-trading

Time to go to Nigeria and trade.