What happen at the futures ????????????????

Nobody knows what really happened, every post here has been speculative.

It still looks like someone was on the wrong side, or entered 3 extra zeros, and then covered, by the chart.

As I posted earlier, it may have been a "C" team overnight trader, as it is a holiday in the UK, and Japan. Whom ever made this trade lost a few Yen for sure!

surdo

 

And what kind of program produces a spike on wheat when there is one on ES?

 

If it was a simple fat finger error, you would think it would have been contested immediately, but all these trades stand as of 12 hours after the fact (props to the CME for getting one right).

It did seem like some sort of "war" program, short SP/long bond/long oil, not sure I understand why it set the grains off though.

 

It's just what I've heard over the wires. Who knows where that info came from.

 

except for mine.

 

The kind of program that loses money:eek:

 

i found that very strange also. corn soy spiked then dropped instantly.oops.

i really thought something crappy happened in the world

 

"One of the trading firms had a database issue,"

They have more issues than that now.


http://www.reuters.com/article/marketsNews/idINN0545888120080505?rpc=44

 

I am hearing rumors that it was UBS, you wouldn't want to be the guy to do this when they are announcing 8000 layoffs tomorrow, whats one more?

5yr

 

Bull fucking shit..
How could no one know what the hell happened last night?

I wonder what the CME CBOT GROUP BOARD OF SHIT will find out..