Mysterious Algorithm Was 4% of Trading Activity Last Week | |
11:11 User ID: 17011760 United States 10/08/2012 09:17 PM Report Abusive Post Report Copyright Violation | . Quoting: Wisconsin ... am not in the stock market BUT this doesn't sound good ... . ... "testing" for a BIGGER event? ... . [link to www.cnbc.com] The program placed orders in 25-millisecond bursts involving about 500 stocks, according to Nanex, a market data firm. The algorithm never executed a single trade, and it abruptly ended at about 10:30 a.m. Friday. The scariest part of this single program was that its millions of quotes accounted for 10 percent of the bandwidth that is allowed for trading on any given day, according to Nanex. (The size of the bandwidth pipe is determined by a group made up of the exchanges called the Consolidated Quote System.) China hackers prepping for the kill shot ????? |
Anonymous Coward User ID: 25213321 Portugal 10/08/2012 09:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1634447 United States 10/08/2012 09:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 532034 Puerto Rico 10/08/2012 10:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 8988517 United States 10/08/2012 10:40 PM Report Abusive Post Report Copyright Violation | . Quoting: Wisconsin ... am not in the stock market BUT this doesn't sound good ... . ... "testing" for a BIGGER event? ... . [link to www.cnbc.com] The program placed orders in 25-millisecond bursts involving about 500 stocks, according to Nanex, a market data firm. The algorithm never executed a single trade, and it abruptly ended at about 10:30 a.m. Friday. The scariest part of this single program was that its millions of quotes accounted for 10 percent of the bandwidth that is allowed for trading on any given day, according to Nanex. (The size of the bandwidth pipe is determined by a group made up of the exchanges called the Consolidated Quote System.) China hackers prepping for the kill shot ????? Lol that's what I thought immediately and I know zip about trading! |
Anonymous Coward User ID: 4637200 United States 10/08/2012 10:44 PM Report Abusive Post Report Copyright Violation | |
Herman The Kid User ID: 16577681 United States 10/08/2012 10:52 PM Report Abusive Post Report Copyright Violation | Why is the SEC allowing this bandwidth (trading) in their network (market trading)/- Quoting: N3m3s1s I can't believe they would. By the way, where were the servers and files containing all of the bankster fraud cases located on 9/11? I almost want to say Building 7 but that would be preposterous. You m-m-m-muh-make me HAAA-PEEE. Psalm 34:14 - Depart from evil, and do good; seek peace, and pursue it. Romans 5:8 - But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. |
Anonymous Coward User ID: 25219677 Portugal 10/08/2012 10:54 PM Report Abusive Post Report Copyright Violation | |
shadasonic User ID: 15732022 United States 10/08/2012 10:56 PM Report Abusive Post Report Copyright Violation | Thats a definite practice run,crazy days ahead! “One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” – Carl Sagan |
Ohwell User ID: 1130828 United Kingdom 10/08/2012 11:28 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 20309393 United States 10/09/2012 12:59 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 11901112 United States 10/09/2012 01:22 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 10463447 Canada 10/09/2012 01:46 AM Report Abusive Post Report Copyright Violation | ..& no body remembers the 'missing' software from Lehman Brother's fire-sale in 2008, 16 trillion dollars is 'missing' from the fed's ledgers.. now there's a 'Mysterious' algorithm. my ass.! They know exactly what's propping everything up, the entire cluster-fuck is on auto-pilot.. didn't Iran take a 40% currency clip last week, do you really think humans can eat paper that fast. There's no 'Mystery' here people.. they know exactly what's happening & they don't even care any more if we're watching. |
Custodian User ID: 24628474 United Kingdom 10/09/2012 02:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25111707 United Kingdom 10/09/2012 02:51 AM Report Abusive Post Report Copyright Violation | |
stormer User ID: 24940512 South Africa 10/09/2012 03:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5248308 United States 10/09/2012 04:15 AM Report Abusive Post Report Copyright Violation | Why is the SEC allowing this bandwidth (trading) in their network (market trading)/- Quoting: N3m3s1s I can't believe they would. By the way, where were the servers and files containing all of the bankster fraud cases located on 9/11? I almost want to say Building 7 but that would be preposterous. Building 7, exact hit. That WAS where the records were. That's why they blew it up. |
Anonymous Coward User ID: 1135376 United States 10/09/2012 04:17 AM Report Abusive Post Report Copyright Violation | It's not a practice run, it's called QUOTE STUFFING and it's a strategy used by High Frequency Traders to confuse the opposition into having to deal with 1000's of quote requests whilst YOU get on with executing arbitrage trades. Quoting: Anonymous Coward 25111707 is this like having a camera flash in your face, and then getting sucker punched? "Sensory" overload? |
Children of the Atom User ID: 20257839 United States 10/09/2012 04:18 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25231639 New Zealand 10/09/2012 04:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 9231012 United States 10/09/2012 04:44 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 25215135 United States 10/10/2012 04:00 PM Report Abusive Post Report Copyright Violation | |