 |  |
This liquidity and price discovery had to be in the name of efficient markets, no? Poor Joe Sixpack never had a chance. All his stop losses were taken down in just a few cpu cycles. Note, about 3500 contracts sold at 1006 in the last 4 mins of futures (not shown). Trader X had a good day.
Note: Have/Had no position impacted from this, just pointing out the ridiculous power of program trading.
