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Not so much leeways as "huge company has a massive amount of context to use as evidence this was out of the ordinary". A smaller trader has proportionally less
by wastedhours 9y ago
Not so much leeways as "huge company has a massive amount of context to use as evidence this was out of the ordinary".
A smaller trader has proportionally less history in the market to use as a evidence something is wrong and the rollback rules should apply.
- Applejinx 9y agoYou're not contradicting the objection, you're just outlining another mechanic by which it happens. "The New England Patriots reached ten Super Bowls, therefore the foot out of bounds just before scoring a touchdown was clearly a mistake and out of the ordinary. Therefore, award the Patriots the point, on the grounds that they usually don't make mistakes like that. And don't check the pressure in the football please, there have been ten Super Bowls where that wasn't apparently a problem…" (I wonder who I'm insulting more, the Pats or Goldman Sachs :D )
- wastedhours 9y agoLoving the analogy :D but (and excuse my ignorance), but in NFL those rules don't allow that, where as it appears the markets do have these mechanisms to allow it?
- hueving 9y agoThey do allow it, but that's precisely what people are complaining is unfair. They are literally too big to follow the same rules as the small traders.