3 ms·
Not a data blip after all, but the trades where canceld. From Bloomberg ( http://www.bloomberg.com/apps/news?pid=20601087&sid=a3tiFiVZLZwg&pos=1 http://www.bloo
by alphaBetaGamma 16y ago
Not a data blip after all, but the trades where canceld. From Bloomberg ( http://www.bloomberg.com/apps/news?pid=20601087&sid=a3tiFiVZLZwg&pos=1 http://www.bloomberg.com/apps/news?pid=20601087&sid=a3ti... ) :
A total of 19 trades of 100 shares each were executed at 1 cent in seven seconds from 2:47 p.m. to 2:48 p.m. in New York, a minute after the Dow average plunged by the most since the market crash of 1987, the data showed.
Eighteen of the trades were executed on the CBOE Stock Exchange and were canceled. The first trade that sent Accenture to a penny was executed on the Nasdaq Stock Market. That transaction has yet to be canceled, the data showed.