Wild "Fat Finger" Price Swings In London Stocks Questioned – ValueWalk Premium
HSBC

Wild "Fat Finger" Price Swings In London Stocks Questioned

Two of Europe’s largest publically traded companies experienced wild market swings of nearly 10% in less than a matter of seconds, a move that was quickly dismissed as a “fat finger” mistake but is being questioned by a High Frequency Trading (HFT) expert as a potential planned trading strategy.

Price swings in London stock exchange
In London trading today, HSBC Holdings plc (NYSE:HSBC) (LON:HSBA), the large investment bank with its own proprietary trading division, rocketed 9 . . .

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