Flash crash cause still a mystery (Investor’s Business Daily)
Investor’s Business Daily – The SEC, which is probing the stock market “flash crash” on May 6, still hasn’t identified a single cause, but a trade practice known as “stub quotes” and other issues contributed to the market’s dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes…. Read more » Flash crash cause still a mystery
(Investor’s Business Daily)
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