Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1374523 Comments:2390
8.98 Down 1.35(13.07%) 11:20AM EDT - Nasdaq Real Time Price
148 stocks down then up 10%.
Except for the 'clearinghouse' KCG.
The Market's experiencing a little Cardiac Arrest.
Nothing to worry about.
Now:
Knight Capital Group, Inc. (KCG) -NYSE
8.38 Down 1.95(18.88%) 11:54AM EDT - Nasdaq Real Time Pric
Bloomberg:
It’s “yet another example of how the market structure plumbing is responsible for massive price distortions,” Joseph Saluzzi, co-head of equity trading at Themis Trading LLC in Chatham, New Jersey, said in an e-mail. “August 1st will be another day that will destroy investor confidence just like the May 6th flash crash.”
Eric Ryan, spokesmen at NYSE, said in an e-mail “I’m not aware of anything.” Robert Madden, a spokesman for Nasdaq OMX, did not respond to a phone call and e-mail requesting comment."
