This page has been archived and commenting is disabled.

Mini Flash Crash After Massive Sell Order Soaks Up All E-Mini Liquidity

Tyler Durden's picture




 

Well that escalated quickly.... a huge volume move soaked up the entire S&P 500 e-mini liquidity stack... a "flash-crash" that saw VIX burst above 23.

Massive futures sell order takes down the index...

 

A zoom in courtesy of Nanex of how ES liquidity literally evaporated by over 70% when the massive sell order hit at a time when usually everyone expected the ETF/PPT levitation to take stocks higher:

 

And VIX jerks above 23...

 

As USDJPY waterfalls:

 

Just as we warned was likely into the open - no liquidity, means whiplash galore.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 10/13/2014 - 15:40 | 5325366 aliki
aliki's picture

MARKET REALLY SELLING OFF:  Air Emirates plane surrounded at Boston's Logan Airport, reportedly up to ten passengers experiencing flu-like symptoms - local press @MassCommNetwork: "Boston, MA - Hazmat - Boston Logan Airport Terminal E, U/D Hazmat called for 6-7 people who were or became sick on an United Emirates flight"

Mon, 10/13/2014 - 15:43 | 5325382 Deathrips
Deathrips's picture

FED to the rescue!!

Backstops are part of the new common core free markets!

 

RIPS

Mon, 10/13/2014 - 15:45 | 5325403 knukles
knukles's picture

Boston Air Emirates!
Bring on the Hadjis!

Mon, 10/13/2014 - 15:46 | 5325412 hedgeless_horseman
hedgeless_horseman's picture

 

 

All I know for sure is that Slaughterer is going to owe me a sandwich in 15 minutes.

Mon, 10/13/2014 - 15:48 | 5325432 kliguy38
kliguy38's picture

queue up the next ebola case in Dallas

Mon, 10/13/2014 - 15:56 | 5325470 NoDebt
NoDebt's picture

Down 200 now, 6 minutes to go.  I see nothing pushing back on it.  

"Lawn Dart" comes to mind.  Perfect parabola down into the close.

Mon, 10/13/2014 - 15:59 | 5325489 Headbanger
Headbanger's picture

The whole airline system will shut down soon the moment  the first U.S. airline crew member gets Ebola

 

Mon, 10/13/2014 - 16:06 | 5325541 TruthInSunshine
TruthInSunshine's picture

That was me guys, sorry.

Robotrader's mom sexted me and convinced me to take some profits.

Mon, 10/13/2014 - 16:42 | 5325806 ml8ml8
ml8ml8's picture

Has anyone checked yet with Waddell and Reed to see if they put in a sizable sell order?

Mon, 10/13/2014 - 16:51 | 5325843 bbq on whitehou...
bbq on whitehouse lawn's picture

What ebola? There are many reasons someone may feel ill, the last thing to check would be for ebola.

People are starting to lose their minds over a flu during flu season.

Mon, 10/13/2014 - 21:14 | 5326950 Pitchman
Pitchman's picture

The MEME ( FEAR) is working.  Because most would rather have someone tell them whats happening than think for themselves.

What ever you do, be affraid!

Does anyone else smell another False Flag on the wind?

Inflection Point

 

Mon, 10/13/2014 - 16:05 | 5325533 Hulk
Hulk's picture

Down 222, which reminds me of Karen Valentine. Man was she cute !!!

Mon, 10/13/2014 - 16:34 | 5325763 Hulk
Hulk's picture

Oh my !!!

Mon, 10/13/2014 - 15:58 | 5325492 pods
pods's picture

Not that I'm a terrorist or anything, but wouldn't it be fitting if a dark skinned (like, dark chocolate dark) sweaty guy just so happened to boot right in front of the NY FED.

pods

 

Mon, 10/13/2014 - 15:50 | 5325439 StackShinyStuff
StackShinyStuff's picture

Well that escalated quickly

Mon, 10/13/2014 - 16:20 | 5325659 slaughterer
slaughterer's picture

Pastrami and Rye for HH.  

Mon, 10/13/2014 - 20:53 | 5326885 fuu
fuu's picture

Well played sir.

Mon, 10/13/2014 - 15:44 | 5325392 SilverIsKing
SilverIsKing's picture

Did you taste the chicken?

Mon, 10/13/2014 - 15:53 | 5325461 TeamDepends
TeamDepends's picture

It was probably the fruitbat tartar.

Mon, 10/13/2014 - 15:59 | 5325497 Hulk
Hulk's picture

Thats Disgusting !!! Well done !!!

Mon, 10/13/2014 - 16:02 | 5325506 pods
pods's picture

The cruise industry is toast:

"Have you had diarrhea or vomited lately?"

Duh, it's a cruise.

pods

Mon, 10/13/2014 - 15:44 | 5325395 astoriajoe
astoriajoe's picture

Maybe it was just a pie eating contest.

http://www.youtube.com/watch?v=zK0JaEde4VI

Mon, 10/13/2014 - 15:45 | 5325410 Black Forest
Black Forest's picture

Already recorded by Google. Congrats.

Mon, 10/13/2014 - 16:21 | 5325646 pkea
pkea's picture

Can someone explain where is the logic to unload that plane at all? I guess keep the US citizens returning home but send everyone back on the same plane, refuel and off it goes...unless the reason  IS to spread epidemic...

Mon, 10/13/2014 - 16:39 | 5325787 ArkansasAngie
ArkansasAngie's picture

It's all in the incentive.  The US Government is telling the world ... if you've got Ebola ... get a one way ticket to the US and we will send you to our best hospitals and treat you free of charge.

Obama's Katrina moment.

 

 

 

Mon, 10/13/2014 - 16:19 | 5325647 pkea
pkea's picture

C

Mon, 10/13/2014 - 15:42 | 5325379 astoriajoe
astoriajoe's picture

Well, at least we know it wasn't fundamentals.

Mon, 10/13/2014 - 15:42 | 5325387 NoDebt
NoDebt's picture

In either direction.

Mon, 10/13/2014 - 15:43 | 5325396 Yen Cross
Yen Cross's picture

 The VIX is going higher. ;-)

Mon, 10/13/2014 - 15:49 | 5325433 Boston
Boston's picture

Yup......and so are Treasury prices!

Mon, 10/13/2014 - 15:46 | 5325413 Kaiser Sousa
Kaiser Sousa's picture

every time they step in to push it up...
it dives right down...
u have to be a complete fucking fool to have any of your "wealth" in this shit show Fraud Market....

Mon, 10/13/2014 - 15:47 | 5325422 jvetter713
jvetter713's picture

I guess ocassionally the PPT a.k.a the Fed needs to sell the shit they've been buyin.

Mon, 10/13/2014 - 15:49 | 5325428 jvetter713
jvetter713's picture

How is faceturd still green??

Mon, 10/13/2014 - 15:49 | 5325429 Silver Bullet
Silver Bullet's picture

C Ya!

Mon, 10/13/2014 - 15:50 | 5325437 fuu
fuu's picture

Lol DOW off 206.

Mon, 10/13/2014 - 15:51 | 5325444 Hulk
Hulk's picture

Its the Shmitah !!!

Mon, 10/13/2014 - 15:49 | 5325438 U4 eee aaa
U4 eee aaa's picture

I like whipsaws. I can make money on whipsaws. It's the suppression and smothering that I can do without

Mon, 10/13/2014 - 15:51 | 5325441 stant
stant's picture

November Gona be a cold bitch

Mon, 10/13/2014 - 15:52 | 5325448 Dr. Venkman
Dr. Venkman's picture

maybe its time to update that BBG status article.

Mon, 10/13/2014 - 15:56 | 5325455 HardlyZero
HardlyZero's picture

healthcare workers should be wearing respirators, not facemasks

 

i) Patients and procedures generate aerosols, and Ebola virus remains viable in aerosols for up to 90 minutes;


ii) All sizes of aerosol particles are easily inhaled both near to and far from the patient;

 

iii) Crowding, limited air exchange, and close interactions with patients all contribute to the probability that healthcare workers will be exposed to high concentrations of very toxic infectious aerosols;

 

iv) Ebola targets immune response cells found in all epithelial tissues, including in the respiratory and gastrointestinal system;

 

v) Experimental data support aerosols as a mode of disease transmission in non-human primates.


 

 

Maybe the last one scared everyone on the trading floor and they ran off for the day...tomorrow will they all have respirators on the trading floors ?

Mon, 10/13/2014 - 16:55 | 5325863 bbq on whitehou...
bbq on whitehouse lawn's picture

Respirators on the trading floor would be fun for Holloween, but some stiff shirts may not be amused by it.

Wouldn't matter since you can catch ebola by touching the air its floating on.

Mon, 10/13/2014 - 15:53 | 5325457 youngman
youngman's picture

and Bob Pisson me is always concerned when the VIX is over 20.....

Mon, 10/13/2014 - 15:57 | 5325474 Yen Cross
Yen Cross's picture

  Maybe Rick Santelli can crawl out of his cave and give him a good " Bitch Slapping".  Santelli has been disturbingly quiet over the last few months.

Mon, 10/13/2014 - 17:40 | 5326090 Pareto
Pareto's picture

Yup.  Eerly quiet. Bet he'd love to say "i told you so".  Maybe somebody told him to STFU. I like Rick. The best diplomat working on the inside. February 09. The moment i began to realize i want the only one wearing a tin foil hat. 

Mon, 10/13/2014 - 15:54 | 5325465 H H Henry P P P...
H H Henry P P P Paulson's picture

This is the beginning of the crash everyone has forgotten they've been waiting for.

Why?

Nobody is saying "the top is in".  Everyone is expecting this dip to be reversed by end of month.

Mon, 10/13/2014 - 15:54 | 5325467 jvetter713
jvetter713's picture

"Bob Pisson me"

haha +100 for that d-bag

Mon, 10/13/2014 - 15:58 | 5325478 Kaiser Sousa
Kaiser Sousa's picture

this aint no fat finger shit...
the volume spiked and the selloff after all the fraudulent pumps beginning with the last hour of trading in London suggest shit is beginning to hit the fan...

loving it.

Mon, 10/13/2014 - 15:58 | 5325485 PontifexMaximus
PontifexMaximus's picture

Is g. soros still short?

Mon, 10/13/2014 - 16:00 | 5325502 Yen Cross
Yen Cross's picture

  Abenomics >Nikkei 225    14,819.00    15,300.55    15,394.00    14,809.00    {-481.55    -3.15%}    19:58:09

Mon, 10/13/2014 - 16:04 | 5325514 Dr. Engali
Dr. Engali's picture

I believe it's time for the deer.

Mon, 10/13/2014 - 16:07 | 5325554 Black Forest
Black Forest's picture

Nice scatter.

Mon, 10/13/2014 - 16:07 | 5325559 Hulk
Hulk's picture

Can we do a dead deer in the headlights from now on ???

Mon, 10/13/2014 - 16:15 | 5325609 seek
seek's picture

We're going to be seeing a lot of that deer the next few weeks, I think.

Mon, 10/13/2014 - 16:10 | 5325542 I Write Code
I Write Code's picture

Well, we're now below the 200ma at 16321.  Looking at the chart ...  I dunno, I could see a new target range for the next year, Dow 15300 to 16300.  Which means we drop another 1000 points in the next few weeks.

Or, it could bounce right back up from here.  That's what it's done for the past five years.  If it does NOT bounce back up, that's something new for the first time since 2008.  We would have to retire BTFATH for a while.

ps - OTOH, on a longer-term weekly chart the 200ma is down around 14000 and real support would be around 13200.  On a valuation basis this would all be quite reasonable.  And compatible with a rise in the yield curve.

Mon, 10/13/2014 - 16:29 | 5325722 FlacoGee
FlacoGee's picture

I would be a buyer at 13200.     That would put the market back to pre-QE3 and probably a reasonable number from 2004 to 2014...  That is a ~10% appreciation over 10 years and while still a rich price, it is more reasonable than 16300.

20% correction would be real nice.

 

 

 

 

 

 

Mon, 10/13/2014 - 16:31 | 5325734 FlacoGee
FlacoGee's picture

One more thing...  BTFD

When will we learn??  B-T-F-D!!

 

 

Mon, 10/13/2014 - 16:22 | 5325682 starman
starman's picture

Who ever down voted me last week about Dow 16.400 owes me an apology! 

I'll also except beer, lunch, gold and cute sisters.

Mon, 10/13/2014 - 16:34 | 5325768 Hulk
Hulk's picture

I ran out of cute sisters about 12 years ago...

Mon, 10/13/2014 - 17:06 | 5325914 robnume
robnume's picture

Batman! Rev up the plungeprotectionteammobile!

Do NOT follow this link or you will be banned from the site!