“Yes, according to one sharp observer,” Steiner blogs. “Somebody, says Eric Scott Hunsader, CEO of Nanex, is intentionally slowing down some aspects of the market to skim profits from clueless competitors. This won’t stop, Hunsader says, until the SEC or the the exchanges step in and do something about the copious quote volume wars currently taking place.”
Steiner writes, “Nanex, which sends its clients compressed real-time quote feeds and market data, has drawn attention lately for some of the underlying quote patterns it uncovered within the chaos of trading on May 6. But it wasn’t odd patterns that drove the market to madness; it was pure volume.”
Read more in the full article – recommended – here.
Does ANYONE know what caused the first one? A thumb?
I want my nano tv. Look what I found. Look what I found.
I typed in sub pixel led backlighting, in a search, and look what I found!
LG will unveil the LEX8 Nano tech-powered 3D TV at IFA 2010. The display adopts the NANO Lighting Technology, which produces LG’s brightest, clearest and smoothest picture yet. The new LG LEX8 also features an improved localized dimming in both 2D and 3D with its Micro Pixel Control.(infinite black)
COOOOOOL heh? What’s this got ta do with Apple? LG and Apple are working together. This may be MUCH better than LCD.
Better than plasma—Better than ANYTHING out there!
I’d buy it today… after reading some reviews.
This is the real Skynet – when the Market becomes self-aware that it does not need people to initiate any trading or to maintain capitalism, then all human intervention – therefore all humans – becomes a surplus commodity.
The stock market is the biggest scam ever.
@ron
No, inkjet ink and text message fees are.
@ ron
Exactomundo!
Write the SEC and demand attention to and action against this type of manipulation.
I read the headline too quickly and thought it was about web browsers.
I thought it was Alec Hardison who hacked the SEC and crashed the market the first time (before he went white hat, of course.)
Btw, he was using an iPad to hack history, the last time I checked.
It’s the ongoing battle:
The Corporate Oligarchy
VS
The Citizens
Supposedly the ‘government’ represents the citizens and stops such abuse. But when the ‘government’ is run by the scum who are doing the parasite moves on the citizens… we get more of the ongoing Bush Depression.
The point of it all?
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1) Short term profits, long term catastrophe.
2) Dig us all into a hole deep enough to trigger what I call “The Late Dark Age.” Guess who gets to play LORDS and who gets to play SERFS!
Who wrote this a 4 year old go back and read it again do for does and more
I am convinced it was caused by a massive Short Sale of AAPL. AAPL dropped below $200 for about half a second before the Market had it’s Flash Crash!
I’m sure glad that markets are self-regulating and don’t need interference from the big, mean gummint (aka the will of the people as expressed constitutionally).