4 ms·
The Knight trading misbehavior bid the market up, not down. It didn't make its intraday lows until about 12:30 and the S&P500 never fell by more than 1%. Maybe
by manwithplan 7y ago
The Knight trading misbehavior bid the market up, not down. It didn't make its intraday lows until about 12:30 and the S&P500 never fell by more than 1%. Maybe if the puts were on Knight itself ...