'Broken' Market Sparks Buying Panic In Stocks...

It appears the crucial link between HFT algos and the options market just broke as BATS options exchanges have declared self-help again NASDAQ ISE. VIX is spiking as stocks open, but stocks limping very modestly lower.

  • *BATS:ROUTING TO NASDAQ ISE HAS BEEN SUSPENDED AS OF 09:32:33 ET
  • *BATS BZX OPTIONS EXCHANGE HAS DECLARED SELF-HELP VS NASDAQ ISE
  • *BATS EDGX OPTIONS EXCHANGE HAS DECLARED SELF-HELP VS NASDAQ ISE

Certainly some odd behavior around the open... as VIX spiked into the open...

 

But once the market broke - VIX collapsed and stocks surged...

Same old, same old.