Wednesday, August 10, 2011

More Quote Stuffing

Here's the link to the action


And here's an explanation of the practice...



Some in the market suspect the flood of orders is the result of high-frequency traders attempting to profit from tiny discrepancies in stock prices. They say waves of orders slow down electronic stock-trading networks or otherwise distort stock prices, creating profit opportunity to buy or sell at artificially high or low prices.

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