3 ms·
The exchange matches buy orders against sell orders. In this case they were matching buy orders against sell orders that had already been cancelled (which is no
by minimax 13y ago
The exchange matches buy orders against sell orders. In this case they were matching buy orders against sell orders that had already been cancelled (which is not something that should ever happen). NASDAQ stepped in and took the other side of the buy orders, and so ended up with a short position.