aussiebear Posted April 22, 2015 Report Share Posted April 22, 2015 Early openers moving in different directions: Kiwis -0.4%, Aussies -0.5%, Nikkei +0.9% and Sth Korea +0.4%.Not a lot happening in Aussie sectors: Telecomms +0.8% down to Miners -1.3%. Link to comment Share on other sites More sharing options...
aussiebear Posted April 22, 2015 Author Report Share Posted April 22, 2015 http://finance.yahoo...lindices?e=asia Link to comment Share on other sites More sharing options...
aussiebear Posted April 22, 2015 Author Report Share Posted April 22, 2015 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html http://finance.yahoo.com/q?s=CLK15.NYM Link to comment Share on other sites More sharing options...
aussiebear Posted April 22, 2015 Author Report Share Posted April 22, 2015 http://www.engrish.com/2014/10/its-all-up-to-you/ T-shirt spotted in Japan. Link to comment Share on other sites More sharing options...
DrStool Posted April 22, 2015 Report Share Posted April 22, 2015 Pigmen. There's a word I haven't heard in a while. Link to comment Share on other sites More sharing options...
Lugnut Posted April 22, 2015 Report Share Posted April 22, 2015 Could it be? https://www.tradingview.com/x/2j4O2ycP/ Link to comment Share on other sites More sharing options...
aussiebear Posted April 22, 2015 Author Report Share Posted April 22, 2015 All Ords looking like it may have found some short term support. The index closed -0.5% with sectors ranging from Gold +1.6% down to Energy/Financials -1%.Over in Asia, China +2.4%, Hong Kong +0.3%, India -0.4% and Nikkei +1.1%. On to UK/Europe: Link to comment Share on other sites More sharing options...
Jetlag Posted April 22, 2015 Report Share Posted April 22, 2015 Pigmen. There's a word I haven't heard in a while. They're "back on top", Doc Link to comment Share on other sites More sharing options...
Jetlag Posted April 22, 2015 Report Share Posted April 22, 2015 More details on the trader pinned for the Flash Crash http://www.bloomberg.com/news/articles/2015-04-22/mystery-trader-armed-with-algorithms-rewrites-flash-crash-story I find it hard to believe,although clearing his transactions through MF Global Holdings Ltd. this makes sense. This too: Many in the industry countered that a confluence of several forces, including high-frequency trading, was probably behind the crash. Exchanges in the U.S. and Europe saw he was routinely placing and then quickly canceling large volumes of orders, according to an FBI affidavit unsealed Tuesday by a federal court in Illinois. The CME Group Inc., which operates an exchange for one of the most common derivatives tied to the S&P 500, contacted Sarao about his trades after concluding that some of his activities appeared to have had a significant impact on opening prices. He then questioned whether CME’s actions regarding his activity meant “the mass manipulation of high frequency nerds is going to end,” according to the FBI affidavit. That same day, Sarao and his firm, Nav Sarao Futures Limited Plc, used “layering” and “spoofing” algorithms to trade thousands of futures S&P 500 E-mini contracts. The orders amounted to about $200 million worth of bets that the market would fall, a trade that represented between 20 percent and 29 percent of all sell orders at the time. The orders were then replaced or modified 19,000 times before being canceled in the afternoon. The imbalance on the exchange due to Sarao’s orders “contributed to market conditions” that saw the derivatives contract plunge and later also the stock market, according to the CFTC. So he basically was taking the big HFT's for a ride, beating them at their own game from a shitbox in London. :lol: Link to comment Share on other sites More sharing options...
Jetlag Posted April 22, 2015 Report Share Posted April 22, 2015 If this was in Florida... "Colorado man ticketed for shooting his computer; says it was worth it" http://www.latimes.com/nation/nationnow/la-na-nn-colorado-shooting-computer-20150421-story.html Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 22, 2015 Report Share Posted April 22, 2015 Pigmen. There's a word I haven't heard in a while. That was semi-plot in a Seinfeld Episode..... It was really abut A Drunk Rabbi hired to perform at a Bris ........ouch........ Link to comment Share on other sites More sharing options...
fxfox Posted April 22, 2015 Report Share Posted April 22, 2015 So he basically was taking the big HFT's for a ride, beating them at their own game from a shitbox in London. :lol: This are the headquarters of Nav Sarao Futures in London: I am not kdding I mean sorry, this thing is more than a bucket shop, it is a bucket boutique! Link to comment Share on other sites More sharing options...
DrStool Posted April 22, 2015 Report Share Posted April 22, 2015 LATEST POSTS The 1200 Club Europe is Japanified The Dollar’s Move Is More Dangerous than You Think Ruminations on Greek crisis “myths” Screening Measures Inch Up Wedges and Triangles: Big Move Ahead? Link to comment Share on other sites More sharing options...
DrStool Posted April 22, 2015 Report Share Posted April 22, 2015 That was semi-plot in a Seinfeld Episode..... It was really abut A Drunk Rabbi hired to perform at a Bris ........ouch........ Reminds me of my old line... "Mohel Lynch. Oy! Do we got tips for you!" Link to comment Share on other sites More sharing options...
Jetlag Posted April 22, 2015 Report Share Posted April 22, 2015 This are the headquarters of Nav Sarao Futures in London: Nav Sarao Futures.jpg I am not kdding I mean sorry, this thing is more than a bucket shop, it is a bucket boutique! Now imagine the kind of manipulation the big boyz HFT's (with the info provided by the exchange (on the take from HFT's) and borkers on what other players are doing, and fibre optic connections next to the exchange) can do.... Link to comment Share on other sites More sharing options...
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