• Bernie Ecclestoned@sh.itjust.works
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    edit-2
    1 year ago

    What do you mean? There was a liquidity crunch because of a massive mutual fund order and his spoofing tripped the algos into selling

    • livus@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 year ago

      OP’s article is quite good.

      It’s more likely that there were several factors in play, including Wadell & Reed.

      But if the market practices weren’t so flawed with HFTs, none of that would have caused what happened.