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- Fat Finger : Globex Edition
-
Perils of electronic trading…
Between 7:01 and 7:05 GMT
….we understand that there was a mass order error by another financial firm which resulted in a large imbalance in the GLOBEX order book, and the subsequent spike in the market. GLOBEX cancelled (busted) trades which occurred outside of the no-bust range in their equity index futures and future options.
It is important to note that all other trades will stand. …
Original Source
-
14 January, 2008| Economy |
@ 11:49
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