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From the BBC: http://news.bbc.co.uk/2/hi/business/10101581.stm http://news.bbc.co.uk/2/hi/business/10101581.stm "This is an electronic market where bids can be
by CWuestefeld 17y ago
From the BBC: http://news.bbc.co.uk/2/hi/business/10101581.stm http://news.bbc.co.uk/2/hi/business/10101581.stm
"This is an electronic market where bids can be cancelled at the flick of a button, and everyone cancelled at the same time," said Joe Saluzzi, of Themis Trading in New Jersey.
Does this make sense? With the time horizons that today's programmed trading operates at, is this really a reasonable explanation?