It's on the nasdaqtrader.com site. Lots of ETFs, anything 20% above yesterday's close (which is BS since the S&P was limit up pre-open, and shorts were taking on genuine risk as opposed to just fading a clear nonsense order). Well, $30k trade bust could be worse, I once had Eurex take 8 hours to bust a 230k winner. Next time I will just cynically offer VTI at 19.99% above yesterday's close, rather than try to provide genuine liquidity on the more volatile stuff when almost no one else had the stones to.
What a total scam. GE are you kidding?? How could all those stocks including one of the biggest and most deep liquidity be in the group. How can anyone trust the market in days when the govt makes the market do a wild swing on purpose?? What happens to the scalpers providing liquidity and a better balanced market when some of their trades are busted and they are busted in a way that means they lose (except for the ones that NASDAQ wants to win) For the market makers with nasdaq this is a heads I win, tails you lose. I bet if the market would have continued up and the market makers saved themselves from further losses they would not bust the trades!! This is a robbery without guns !! Full disclosure : while I carefully looked through the list expecting a trade to be there I did not see one (hope it stays that way)
they doing it right now,but..i've seen busts after a week,believe it or not. if you have anything-i would wait until monday eod. i did short iwm from 80's up to 150.let's see what will stand
I'll tell you how the market works: 1. If the market makers lost money, your trades will get busted. 2. If the specialists lost money, your trades will get busted. 3. If you make money you have to give it back. 4. The market is there to take your money. Not to give you any. 5. Ultimately, if you lost money, your trade will NOT get busted. Did any one of your losing trades ever get busted!?!? I'd rather go gamble at a casino. At least they don't bust hands there!!
Pretty sure it's just 20% on the stocks listed, not 20% on all stocks. GS for example was more than 20% without busts.
fucked up sreads for super liquid stocks. as if trading isnt hard enough, paulson and co drills a dildo up ur arse to save his comrades at Goldman