Monday, October 4, 2010

Flash Crash report

I have not had a chance to read the 104 page Flash crash report but I will.
I do surmise from the general reading I have done that this focus on the Waddell Reed trade as the trigger is misplaced.

See http://www.itg.com/blotter/

The regulators got caught with their pants down plain and simple.

BTW, Andrei lost in the quarter-finals and is now back in Oklahoma.
Then, he is on to more futures tournaments in Texas and Florida.

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