Flash crash charges garner increasing skepticism in high-speed world
What happened on May 6 was a crash in the financial market. That HFT played some role in it is beyond a doubt, but there was real panic in the market all day on May 6, 2010.
Below is an hourly chart of the S&P 500 Index. The index is moving down steadily and in the afternoon, there is the flash crash.
Here's one of the ETFs I remember watching that day: iShares S&P U.S. Preferred Stock (PFF).
Friday: Personal Income and Outlays, PCE Prices, Fed Chair Powell
-
All US markets will be closed in observance of *Good Friday*.
[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top t...
No comments:
Post a Comment