Tag Archives: Flash crash

Goldman Sachs Morgan Stanley Ask to Cancel Trades After Billion Flash Crash

Are Goldman Sachs and Morgan Stanley this evil? They are part of industry who potentially stuff quotes and then cancel after manipulating a price. Now, they may have lost thanks the the Singapore Exchange. This article said:

Goldman Sachs Group Inc. and Morgan Stanley asked some counterparties to cancel or amend trades in Jardine Matheson Holdings Ltd., after a $41 billion flash crash on Thursday saw shares change hands far below the market level, according to people familiar with the matter.

To this:

Singapore Exchange Ltd. decided not to cancel the trades. Sellers had “ample time” to withdraw their orders if they didn’t want to offload shares at the low price, SGX said after reviewing the incident. The exchange attributed the decline to sell orders that overwhelmed bids during the pre-open, for which neither a fat finger nor a malfunctioning computer system were responsible.

https://www.bloomberg.com/news/articles/2019-01-25/goldman-morgan-stanley-are-said-to-ask-to-cancel-jardine-trades

If it was a Western big exchange regulator, it most likely would have be accepted and gone unnoticed.

A couple of BIG ANNOUNCEMENTS

 

The Quant Analytics will start getting signals for the following financial assets:

1. Crypto from Binance

2. Forex from Oanda

3. CFD from Oanda

This ‘bot’ will send out the latest signals batch every 6 hours so your email will get about 18 hours per trading day. This will be a lot more manageable that the Minute by Minute crypto trading strategy. This price will be much more affordable but it is currently $97 per month. Join to the the lowest price before I increase it by anywhere from $25 to $100 per month.

 

https://quantlabs.net/academy/quant-analytics/

 

We are also coming up to the last 2 weeks of the LIVE Python V3 Building Blocks Infrastructure COURSE. Expect the current price to double from $250 or even triple in coming weeks. Get on that before the price increases.

https://quantlabs.net/academy/python-algo-trading-infrastructure-with-crypto-currency/

 

 

Now you know

Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Stock market’s biggest risk is a flash crash says Flash Boy

Stock market’s biggest risk is a flash crash says Flash Boy

Remember that HFT book from that film maker about HFT

http://www.marketwatch.com/story/heres-what-flash-boys-hero-katsuyama-sees-as-the-biggest-risk-in-the-stock-market-2017-07-24

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Flash crash UK pound Asian trading

Flash crash UK pound Asian trading

To all those fools who thought the impact of Brexit was already over

FThe pound fell dramatically against the dollar in Asian trading, with computerised trading being blamed for the plunge.

http://www.bbc.co.uk/news/business-37582150

Join my FREE newsletter to learn about the FX impact this could have had on your automated trading

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Brexit UK Pound flash crash US jobs down

Brexit UK Pound flash crash US jobs down

You should worry about these news data events ?

http://money.cnn.com/2016/10/07/investing/premarket-stocks-trading/index.html

Join my FREE newsletter to learn how this news impacts your automated trading

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

How HFT works effect trading speed with flash crash

How HFT works effect trading speed with flash crash

Decent video you may have missed on Youtube

Join my FREE newsletter to learn more about other videos impacting your automated trading

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Does Flash Crash really matter in forex trading

Does Flash Crash really matter in forex trading

Remember that $5 trillion / day is hard to manipulate

http://www.bloomberg.com/gadfly/articles/2016-04-28/maybe-flash-crashes-don-t-matter-in-the-currency-market

But then there is this

http://www.bloomberg.com/news/videos/2016-04-28/is-there-a-flash-crash-on-the-horizon-for-currencies

 

Join my FREE newsletter to learn more about using forex in automated trading

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Meet the dude who did the Flash Crash

Meet the dude behind the Flash Crash


BBC just reported who the actual Flash Crash trader was. I mean this 
is the first time you actually see photos and a full on biography of the guy.

Check it out here

Despite his 'genius status' but still nutbar, he decided by playing God by 
spoofing the market to get higher pricing for his gain. This is clearly
 illegal so now the US want to extradite him so they can throw him into jail
 to get some justice. 
For those outside of North America, it is another way of having this guys
 internal jail name to become "Martha the Muffin". 😆🙃

Why Python Introductory Programming Resources and Environment video and material

So last night, we did our second LIVE lesson for this "Independent Algo 
Trading Business with Python" course series. I finally was able to post my 
live recorded video for all my Quant Elite members. I just wanted to add
some colorful commentary on my experience with this.
I would also like to add that this group may become of the most motivated
 groups I have come across in trading. I say that because they're attending 
plus they are going through each lesson. People like that will become 
highly successful traders no matter what I teach them. They just have the 
internal toolset which equates to inner drive for success. I'm sure they
 will keep trying with some failures but will eventually make it.
I find these LIVE lessons can be somewhat valuable for those who attend. 
I say this because the live interaction and engagement brings a new element 
of value I never thought of. In fact, I am learning new stuff myself from 
all of this. This is why I try to stress for anybody sitting on the fence 
should actually should join now. If you look into the advanced provided 
lessons, it enables you to ask specific questions that you may not be able
 to otherwise ask. Think about that value you may not get anywhere else. 
Are you actually talking to your trading guru LIVE each week? I think not.

So ask yourself this:

Does your live trading guru give you weekly engagements?

Offer three years on your learning for less than a meal at a restaurant per month?

I think this would be highly valuable with what I mentioned. The last question then becomes:

So why are you not part of this membership trading community?

If you're interested in any of the above, you can join here for the ultimate deal of the century for algorithmic trading knowledge.

Thanks for reading

PS. I really hope to see you one of these events as our next two will focus on NoSQL databases starting next Tuesday. Next week is MongoDB.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Meet the dude behind the Flash Crash

Meet the dude behind the Flash Crash

Here are some photos of him folks

http://www.bbc.com/news/business-35863848

Join my FREE newsletter to learn about the right ways to do automated trading

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Morgan Stanley has real they on flash crash

Morgan Stanley has theory on real flash crash

From Bloomberg, Feb 25, 2016, 4:00:01 PM
Feb. 26 — JPMorgan Chase & Co. analysts have released a new theory on the “flash rally” in U.S. Treasuries that offers a new way of looking at current markets. Bloomberg’s Alexandra Scaggs reports on “Bloomberg Markets.”
Some 16 months after the “flash rally” in U.S. Treasuries blindsided Wall Street traders, little about what exactly went wrong has been resolved. The most common, albeit tenuous, explanation is that the futures market seized up that morning, creating a spillover effect into cash bonds that led to a frenetic 12-minute spike in prices.

To read the entire article, go to http://bloom.bg/1LgQPGi

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8

Sent from my iPad

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!