WTF just happened in the Russell

Discussion in 'Trading' started by Jackie Treehorn, Apr 28, 2011.

  1. It was a flash meltup...
  2. IWM went up from 85.84 to 94.35 during the last second of the day, but closed at 85.90.

    IJH dropped over 1 point during the last second of the day to close at 100.04, then immediately jumped back up over 101 at 4:00:01

    The SEC should investigate this one. Looks like someone was unwinding or putting on a hedged position. These ETFs are liquid and this type of thing should not happen. Radical changes are needed.
  3. TF had 5000 volume order go through on that one. Anyone get caught with some nasty slippage?