LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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It's quiet out there; too quiet. But if you were watching carefully this morning, everyone's favorite government subsidized bank - Citigroup - flash-crashed to the tune of a $1.2bn market-cap loss in a fraction under 100 milliseconds. A 1.3% micro-crash on absolutely massive volume so perfectly visualized thanks to Nanex. When does this 'liquidity-providing' fiasco stop?
When It All Goes Bidless: What Losing $1 Billion In 100 Milliseconds Looks LIke | ZeroHedge
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