Major market fat fingers and flash crashes

Discussion in 'Wall St. News' started by mlawson71, Jul 19, 2017.

  1. mlawson71

    mlawson71

    dealmaker likes this.
  2. algofy

    algofy

    Love the story about the drunk rogue oil trading getting balls deep crude futs overnight.
     
  3. zdreg

    zdreg

  4. These are opportune times to spot and trade off of. Buy every flash crash and ride the position up the entire day for easy gains.
     
  5. Javier

    Javier

    I think there were nothing deliverated, but there were not enouhg protections as halts, etc for fast movements at those times.about silver,gold etc I think those are just price adjustments.
     
  6. TraDaToR

    TraDaToR

    "The Financial Conduct Authority (then still FSA) fined Perkins £72,000 and banned him from trading for five years, noting that "Mr Perkins poses an extreme risk to the market when drunk"."
     
  7. algofy

    algofy

    That is awesome.
     
  8. TraDaToR

    TraDaToR

    First AA reunion : "My name is Steve. I am here with you because I pose a systemic risk when I am drunk."
     
    algofy likes this.