Monday August 24th 2015 was a memorable day and it seemed like a good idea for a quick review given how much the current market seems to be trading. This is not a prediction for a market crash. There were a litany of reasons credited with causing the crash ( go here to see). Markets […]
flash crash
Review of Flash Crash of May 6, 2010
Some liquidity notes from SEC review of the “Flash Crash” of 6/10/2010. Day started off with video of riots in Athens. Market was down a few percent and VIX was up. Liquidity started to thin out (from what was already low levels), then a massive futures order came in ($4bn notional). The order was one […]
