The Nasdaq was so desperate to rush and "fix" itself, somehow in the process it forgot all about the NBBO and that the bid has to be below the ask price.
Chart courtesy of Nanex [3]
[4]
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[1]The Nasdaq was so desperate to rush and "fix" itself, somehow in the process it forgot all about the NBBO and that the bid has to be below the ask price.
Chart courtesy of Nanex [3]
[4]
- advertisements -
Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10969
[3] http://www.nanex.net/aqck2/5094.html
[4] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/08/NBBO%20Breaks.gif