this is official : from CBOT The CBOT are currently investigating the low in the mini $5 DOW. They will establish which trades are to stand and calculate a 'new' low' shortly, we will advise which trades are to be busted. :eek:
was short on SPY at 99.38, covered at 98.31. dunno if that'll stick but it sure was a nice little ending to a shitty week!
11:01 ET Market sell off : As a follow up to 10:58 comment on market sell off, hearing that a major house sold 2000 SPX contracts instead of the 200 order
That's what probably is gonna happen. Whoever the big seller was will get a better price, and if you bought the bottom, or somewhere near it you will either have that trade busted--leaving you short from lower--or have that price raised to take cash out of your pocket. This is all hypothetical, but you know the customer is gonna bitch and the CME CBOT are gonna try to make him happy. Once again, watch the exchanges protect the "customer" (probably from Morgan, Solly, Goldman) and screw the MM and other smaller fish in the pond:eek: :eek: Vega
I dunno, but why IB is using up 88% of my CPU! did anyone see that? And the quotes didn't update for a while... or is this just that we had a CRAZY market today and no one is updating fast enough? hmmm :eek: misc
Hope not, I was long the spikes up and short the spikes down. I'm gonna be very miffed if they get busted... ES & NQ both did the same and I was in both. :eek: Natalie