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Broken Markets - NASDAQ/BATS Declares Self-Help Vs ISE

Submitted by Tyler Durden on 10/30/2013 09:45 -0400

Another day, another broken market microstructure:

*BATS OPTIONS HAS DECLARED SELF-HELP VS INTL SECURITIES EXCHANGE
*NASDAQ OMX PHLX HAS DECLARED SELF HELP AGAINST ISE, ISE GEMINI

Perhaps we should rename the US equity (stock and options) markets - NasdaCare

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Wed, 10/30/2013 - 09:49 | 4104482 buzzsaw99

trading volume zero = index to infinity = #DIV/0!

Wed, 10/30/2013 - 09:51 | 4104495 EscapeKey

OT: Alright, which one of you was this, then?

http://nypost.com/2013/10/29/man-throws-gold-in-dumpster-so-his-ex-wife-couldnt-have-it/?utm_campaign=SocialFlow&utm_source=NYPTwitter&utm_medium=SocialFlow

Man throws away $500K in gold to spite ex-wife

Wed, 10/30/2013 - 10:02 | 4104522 kliguy38

I thought I told her I lost it in a boating accident in the Mohave desert

Wed, 10/30/2013 - 09:52 | 4104499 ParkAveFlasher

bluescreenz, bitchez!

Wed, 10/30/2013 - 09:53 | 4104501 SheepDog-One

But....CNBS just had a segment yesterday which explained these are not signs of 'broken markets'...no no, it's the 'new normal' and reflects perfection and enlightenment....us plebes just can't comprehend it, that's what the problem is, if any.

Wed, 10/30/2013 - 10:39 | 4104640 asteroids

The SEC is too busy watching tranny porn to deal with folks abusing each other on the lowest volume week of the year.

Wed, 10/30/2013 - 09:55 | 4104506 Dr. Engali

Quick get Zero's design team over there. They can fix it.

Wed, 10/30/2013 - 10:17 | 4104570 Waterfallsparkles

No hurry and get the Obama Care programers over there.

Wed, 10/30/2013 - 09:57 | 4104511 SheepDog-One

NasdaCare....investors are about to get 'the experience they deserve' :D

Wed, 10/30/2013 - 09:59 | 4104515 HoofHearted

Now that's some funny shit right there. NasdaCare...awesome. Which is more dangerous, though?

Wed, 10/30/2013 - 10:00 | 4104520 NoWayJose

Maybe they should re-introduce 'human traders' to handle the matching of orders? Or put a surcharge of a few pennies on every HFT order, and use that money to improve their own computer system? Nah! That would mean no payoffs from the HFT/Algo guys...

Wed, 10/30/2013 - 10:06 | 4104538 BrigstockBoy

At what point does the whole fucking thing topple in on itself?

Wed, 10/30/2013 - 10:17 | 4104571 SheepDog-One

It reminds me of a floor jack that has 'endless ratchets' upwards....it can't work it's physically impossible. No way to build it to hold it's own weight after a certain point.

Wed, 10/30/2013 - 10:06 | 4104540 Ralph Spoilsport