Friday, 27 May 2011

Fat Fingers and Cross Matching

Pretty good example yesterday of how the cross matching can create wild spikes across the market if someone or someone's bot has a big accident.

Its was an outsider so most manual traders of the favorites would have had a 'wtf' moment during this activity.

My advice is not to panic with irregular jumps in the market and take a look at the bigger picture before exiting positions