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.
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.
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.
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.
Now you know
Bryan 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!