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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Frank
Vancouver, Canada
Posts: 32
14 years ago
May 6, 2010 21:36
Trading error is what everyone is saying but DOW is down 347.80 .. Should be good Euro shorts tomorrow ..
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 6, 2010 21:29
Well that cannot be so. There must have been large margin calls that triggered sell off as hedge funds had to respond to calls and I suspect some hedge funds are bankrupt. We'll see rebound tomorrow that will be followed by a extended selloff next week if no qe is announced by ECB.
No doubt ECB not announcing any measure but being inflation hawkish - the ECB should have been deflation hawkish - set the tone .
speculator
Posted Anonymously
14 years ago
May 6, 2010 21:27
trading error? i doubt it, who would want to be long risk right now? money managers are looking to reduce risk holdings for now.

1.20 is where the floor is then it will go back up.
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 6, 2010 21:21
Stock Selloff May Have Been Triggered by a Trader Error they just destroyed every body with just an error will they recover the loses because it was error
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 6, 2010 21:12
Late reports said that investigations were underway to determine if
the steep stock slide earlier in the day was the result of a trading
error.
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 6, 2010 21:04
US STOCKS: Citing sources in a developing story, CNBC is reporting that
a trading error at a major firm is to blame for the market's plunge.
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 6, 2010 21:02
US MARKETS: People still amazed at price action. And while Greece et al
certaintly set the stage for large risk aversion trades - or set a
"negative tone" as one source put it - the speed of the moves in stocks,
bonds and currencies almost historic in nature and causing professionals
to sense something else was behind it. Is widespread talk that a "fat
finger" trade of 16M sale on S&P Minis went in as 16B. This is a
error, not a system's glitch so it jives with claims there were no
glitches. But others suspect it could be a large program trade, or
perhaps it could be associated with "dark pools" or high frequency
trading platforms. Whatever, lots of damage done to PNLs in all areas
today. And if the moves today were not caused by an actual error, could
feed right into talk about certain kinds of financial regulation.
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 6, 2010 21:01

Rumor being propagated. I'm still very skeptical. RT @Reuters: FLASH: Trading error at major firm blamed for market plunge -CNBC

Shane
Lahore, Pakistan
Posts: 209
14 years ago
May 6, 2010 20:58
I was too conservative and didnot buy much of crosses. It was a bad trade for procter&gamble which started a chain reaction in Dow. Wow its called manipulation , i guess.
Ignore
Negril, Jamaica
Posted Anonymously
14 years ago
May 6, 2010 20:51
stationdealer...lol..it's deliverance all right....
ez banks cease loans, they are flat in all things..
nfp will provide retrace for your scalps