desert CA
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
Posts: 2,124 since Jul 2011
Thanks Given: 2,396
Thanks Received: 1,748
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This is just another tipoff of the underlying problems and dangers of HFT to the market as a whole. Incidents like these scare traders away and cause illiquidity , not liquidity. During the unchecked 30 minute period volume was erroneously doubled for some markets. How's that for initial "volume profile"? A limited bunch of firms running big volume through HFT close to the exchange taking advantage of the limited speed of light is not traditional liquidity.
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