Selasa, 19 Juni 2007
Are Flash Orders To Endure Blamed For Dow's 1,000 Points Drop?
Before the smoke is clear, fingers are already pointing at flash orders. See these 2 NYT pieces here as well as Madan has convinced me previously that flash orders tin indeed hold upwardly used to front-run other traders, merely until to a greater extent than prove comes in, I am nonetheless to hold upwardly convinced that they are the principal culprit. Couldn't old-fashioned automated momentum programs accomplished the same affair subsequently an initial erroneous transaction toll and/or quote was reported? Perhaps yous know of discussions elsewhere on the blogosphere that convey to a greater extent than low-cal to the issue?
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