Will this get busted?

Discussion in 'Order Execution' started by Darkhand, Jan 7, 2009.

  1. RIG at 3:49pm on 1/7/09

    [​IMG]
     
  2. lpchad

    lpchad

    That's called a whipsaw. Congrats on discovering algos/blackboxes.

    Nope, it will stand.
     
  3. Someone just went market on a lot of stock it looks like to me
     
  4. Euler

    Euler

    It COULD have been busted, although it's not dramatically away from the "prevailing price", so who knows. The exchange can bust ANY trade at their discretion -- part of the reason they're trying to reform the bust rules and make them more consistent across exchanges.

    By the way, just an FYI, lpchad appears to be what is known as a "troll" -- he/she makes false claims in posts for personal entertainment -- just check out the post where he/she claims to have never traded, made after various posts in which he/she claims to have made various trades -- kind of funny, but maybe not the most productive use of time :D
     
  5. Yeah, bored at his corporate job it seems...

    http://www.elitetrader.com/vb/showthread.php?threadid=150031
     
  6. you chose an example (the ops chart) so feeble as to be beyond comment.
     
  7. Nice catch. Straight to ignore.
     
  8. Your entire existence on this forum is beyond feeble. Shut the fuck up

    PS thanks to everyone else for the comments. On the surface it looks like a legitimate bar. Maybe it happens all the time and I just haven't seen it before, but the stock traded up 40 cents and down 40 cents in less than 2 seconds. That's why I was asking if it was a legitimate trade or something wrong at the exchanges.
     
  9. you must have just gotten off the boat if this attracted your attention.

    welcome [​IMG]
     
  10. It does not say much for you responding to this thread, rock on!
     
    #10     Jan 11, 2009