Another word for locked (or where the bid and ask are the same; the only condition which is worse - crossed, where the bid is higher than the ask)? Broken.
Bonus chart: Order cancellation frequency as SkyNet nearly arose.
Source: Nanex [4]
Another word for locked (or where the bid and ask are the same; the only condition which is worse - crossed, where the bid is higher than the ask)? Broken.
Bonus chart: Order cancellation frequency as SkyNet nearly arose.
Source: Nanex [4]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/04/Locked%20Market_1.gif
[3] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/04/Cancellations.gif
[4] http://www.nanex.net/aqck2/4176.html