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

This is becoming a pattern....In a 24/7 trading there are times the markets are very thin.

It is fairly easy to run the electronic market.
This could be Russian mob, China nationals, Goldman.

Pit trading helps protect this....maybe each market should be required to run a pit along side electronics.

In a pit locals can make a market quicker then electronic markets

 

That's good to know..Its just that I noticed in the last week all this blame for Iraq being put on Iran....I mean what more would get the American people to go along with striking Iran other than being told that it is Iran that is killing our men and woman.

http://wiredispatch.com/news/?id=149781

 

I thought Goldman was the Russian Mob

 

Whacking Iran during an election year looks real smart on the GOP.

 

Yes, I agree with you... indexes and interest rates can be linked in a spike, but not ags... It must be related to some kind of error, whether it's a HF bot went crazy or a big broker/clearing agent system ... It will be costly...LOL... Be sure some kind of institution will go down... Waiting for the news...

 

Hmm HG electronic copper just spiked up 10% to 420 in a matter of minutes... What on earth is going on. Coming back now.

 

Position traders have little worries of these "spikes" hitting their stop out areas. They simply continue to sleep. It's only the people trading the thin after hours markets with close daytrade stops who get hurt.
Recommendation: --Only daytrade during RTH. Or better yet--position trade.

Thank your for your time.

 

Did anyone find a single news wire story acknowledging what happened?

 

I heard it was a fat finger error 15,000 lot at finger error in ES. This kicked in numerous programs across many futures markets.

 

How can that be.

1. 15,000 should have moved the market much more than occurred.

2. Isn't the single trade limit 2,000?