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REPORT ABUSIVE REPLY
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Message Subject
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Breaking: Trading Halts, Market Disorder & Chaos > NITE market maker quotes off by 10% > more
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Poster Handle
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Anonymous Coward |
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Post Content
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Perhaps someone knows what the Fed is going to say this afternoon?!?!? And this sell off is a reaction to that insight, covered as a computer glitch...
Just a thought...
Quoting: Saddletramp You might be right on that score... NEW YORK (Reuters) - Stocks edged up on Wednesday ahead of the Federal Reserve's policy announcement, but traders were focused on unusually high volume in dozens of NYSE shares. An apparent computer glitch at market maker Knight Capital <KCG.N> caused a surge in volume in about 150 shares at the market's open, distracting investors from the Fed's two-day meeting that concludes in the afternoon. [ link to www.cnbc.com]
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