Derivatives To Blame For August 24th Crash, Says KCGMark Melin
KCG knows what caused the Aug 24th crash and spoiler alert, they do not think it was HFT...
The much-discussed August 24 market sell-off, considered by some a flash crash, impacted derivatives much more than cash equities, analysis from Knight Capital Group determines, as stop loss orders exacerbated the situation when S&P 500 futures opened limit down.
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click Chat.