Broken Market Chronicles Part X+1: This Morning's Multi-Symbolic Flash Crash

Tyler Durden's picture

'Twas the seconds before the open, and all through the market, not a trader was stirring... well apart from Johnny 5 and his algo friends. From our friends at Nanex, in case you missed it, there were numerous algo-inspired flash-crashes this morning right before the open... HPQ (traded down to $3 from $14 in about 100ms), S (from $5.50 to $2.75 in 150ms), GS (from $117 to $94 in 45ms) and C (from $36.00 to $20.00 in 90ms) are among the NOT fat-finger moves we saw as the charts below show. Now move along and BTFD! Bernanke has told you so...

Via Nanex:

HPQ - All quotes and trades

HPQ - Only NASDAQ quotes and trades

S - All quotes and trades

S - Only NASDAQ quotes and trades

C - All quotes and trades

C - Only NASDAQ quotes and trades

WU - All quotes and trades

WU - Only NASDAQ quotes and trades

KR - All quotes and trades

KR - Only NASDAQ quotes and trades

WFC - All quotes and trades

WFC - Only NASDAQ quotes and trades

GS - All quotes and trades

GS - Only NASDAQ quotes and trades

T - All quotes and trades

T - Only NASDAQ quotes and trades

How to read this chart