Author Topic: Guy Trading at Home Caused the Flash Crash - Bloomberg View  (Read 1737 times)

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Offline toast

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Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline speedy

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Are they really saying that this lone guy was the only one doing layering? Its the most obvious HFT strategy and big institutions probably do it all the time. Sounds like another case of regulators only going after the little guy. His mistake was that he didnt do this as an employee of a bank.

Offline xeroc

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You can see this behaviour all the time in the bitcoin markets - just watch any of the big exchanges through bitcoinwisdom so you can see the book and the price. It's commonplace.
Yep .. just wanted to point out this article and let the community figure out that having to pay a transaction fee to "put" an order is a good thing ..

Offline Buck Fankers

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Offline monsterer

You can see this behaviour all the time in the bitcoin markets - just watch any of the big exchanges through bitcoinwisdom so you can see the book and the price. It's commonplace.
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