From $102 To $0.01 In Under One Second

Tyler Durden's picture

Today's Flash Smash visualization in the stock of Enstar is brought to you by Nanex: from $102 to $0.01 in just under a second. But fear not: William O'Brien, the CEO of Direct Edge, made infamous by
Zero Hedge through the whole Flash trading frontrunning scandal, says
"the most egregious aspects of the Flash Crash, such as a stock trading
at $39 and then going to 1 penny and back up to $38 in a matter of
minutes, can't happen again with the progress made the last year". Behold progress...

And the full clip of William O'Brien in all his predictive glory.