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Breaking: Trading Halts, Market Disorder & Chaos > NITE market maker quotes off by 10% > more
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[quote:Anonymous Coward 16932595:MV8xOTQyOTI3XzMyNTQ5NTAyXzE1M0JENUVG] http://www.cnbc.com/id/48440646 Trading in those names was much heavier than normal: Molycorp traded more than 5.7 million shares in the first 45 minutes of trading. The stock usually averages about 2.65 million shares daily, and it was one of the stocks halted due to excessive volatility. The activity sparked concern amongst traders, who said the problem was much wider than the five halted stocks. "It appears to be dozens if not hundreds of stocks that have gone extremely high volume and extremely rapid movement," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey. [/quote]
Original Message
No print story yet. Many stocks gapped down over 10%
NITE the market maker is experiencing 'technical difficulties'
Even ZeroHedge doesn't have a story yet
The news crew at BBR are trying to be cool about it, but right now Knight Capital Group is down over 10%
Knight August 10 puts are up 600%
Developing story....
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