Mysterious Algorithm Was 4% of Trading Activity Last Week | |
| 11:11 User ID: 17011760 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 10/08/2012 09:18 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1634447 10/08/2012 09:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 532034 10/08/2012 10:36 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8988517 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! |
| N3m3s1s User ID: 4637200 10/08/2012 10:44 PM ![]() Report Abusive Post Report Copyright Violation | |
| Herman The Kid User ID: 16577681 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 10/08/2012 10:54 PM Report Abusive Post Report Copyright Violation | |
| shadasonic slumbering no more User ID: 15732022 10/08/2012 10:56 PM ![]() Report Abusive Post Report Copyright Violation | |
| Ohwell User ID: 1130828 10/08/2012 11:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 20309393 10/09/2012 12:59 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 11901112 10/09/2012 01:22 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 10463447 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 10/09/2012 02:28 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25111707 10/09/2012 02:51 AM Report Abusive Post Report Copyright Violation | |
| stormer User ID: 24940512 10/09/2012 03:54 AM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 5248308 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 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 Knowledge advocate User ID: 20257839 10/09/2012 04:18 AM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25231639 10/09/2012 04:31 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 9231012 10/09/2012 04:44 AM Report Abusive Post Report Copyright Violation | |
| Wisconsin (OP) User ID: 25215135 10/10/2012 04:00 PM Report Abusive Post Report Copyright Violation | |