These aren't orders meant to go through as they are placed and almost immediately pulled.
The definition of QS-
"A tactic of quickly entering and withdrawing large orders in an attempt to flood the market with quotes that competitors have to process, thus causing them to lose their competitive edge in high frequency trading. This tactic is made possible by high-frequency trading programs that can execute market actions with incredible speed. Only market makers and other large players in the market are capable of executing these tactics, since they require a direct link to the exchange in order to be effective. "
Given some of the other strange stuff seen today, draw your own conclusions.
No comments:
Post a Comment