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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (2277)12/22/2000 8:49:08 PM
From: compradun  Read Replies (1) | Respond to of 4583
 
Today I think I witnessed something very strange. I was following the NQ mini at 14:22. All of a sudden it was printing at 15-20 higher than it had a few seconds before. I went to examine a T&S and noted that the “best offer” price was “0” instead of 2405 as it had been before. I was wondering if there was slight offering interest at that time 12/22 14:22 and a market order(s) had cleaned up what there was and it had gone to some “exchange autofill” level that would allow someone to arbitrage it on the floor. The offers soon returned at the 2405-8 range, but not after printing several unsuspecting market order buyers at 2426-27. I can only guess what happened , so if you can help me out, it will be appreciated.

Thanks
Comp