3 ms·
Thank program trading for this one fellas! People lost their high frequency trading shirts on that move. Some happy people in the futures market who bought th
by earle 16y ago
Thank program trading for this one fellas! People lost their high frequency trading shirts on that move.
Some happy people in the futures market who bought the effects at < 10k!
- nostromo 16y agoIsn't this backward? From what I can tell the HFTs may have pushed down the price quickly, only to buy in and take part in the correction. Similar to Magnatar, this is the "lose a little money to make a lot more" strategy.