{"id":447,"date":"2010-07-31T10:25:53","date_gmt":"2010-07-31T14:25:53","guid":{"rendered":"http:\/\/blog.carlrobitaille.org\/?p=447"},"modified":"2010-07-31T10:29:30","modified_gmt":"2010-07-31T14:29:30","slug":"further-evidence-of-quote-stuffing-manipulation-by-hft","status":"publish","type":"post","link":"https:\/\/blog.carlrobitaille.org\/?p=447","title":{"rendered":"Further Evidence Of Quote Stuffing Manipulation By HFT"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/article\/its-not-market-its-hft-crop-circle-crime-scene-further-evidence-quote-stuffing-manipulation-\">zerohedge.com: &#8220;It&#8217;s Not A Market, It&#8217;s An HFT &#8216;Crop Circle&#8217; Crime Scene&#8221; &#8211; Further Evidence Of Quote Stuffing Manipulation By HFT<\/a><\/p>\n<blockquote><p>Well take a look at the millions in fake, and thus illegal, bids demonstrated below and tell us just how any of this manipulation is &#8220;providing liquidity&#8221; &#8211; the second the patterns break, the algos responsible for the churn pattern disappear, thus eliminating numerous levels of so called bid liquidity below the NBBO: break enough patterns and you have another flash crash as the market once again goes bidless.<\/p><\/blockquote>\n<p>Allez voir les algos a l&#8217;action. Pas mal les petits graphes. En voici un exemple:<\/p>\n<blockquote><p>\n07-29-10<br \/>\nBATS &#8220;Flag Repeater&#8221;. 15,000 quotes in 11 seconds, dropping the ASK price 1 penny each quote from $9.36 to $8.58 and back up again.<br \/>\n<img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/trichet\/1%201%20Nanex_0.png\" alt=\"\" \/>\n<\/p><\/blockquote>\n<p>On est quand meme un peu loin du principe d&#8217;acheter des parts d&#8217;une compagnie pour en devenir actionnaire \ud83d\ude09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>zerohedge.com: &#8220;It&#8217;s Not A Market, It&#8217;s An HFT &#8216;Crop Circle&#8217; Crime Scene&#8221; &#8211; Further Evidence Of Quote Stuffing Manipulation By HFT Well take a look at the millions in fake, and thus illegal, bids demonstrated below and tell us just &hellip; <a href=\"https:\/\/blog.carlrobitaille.org\/?p=447\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,14],"tags":[],"class_list":["post-447","post","type-post","status-publish","format-standard","hentry","category-finances","category-informatique"],"_links":{"self":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=447"}],"version-history":[{"count":3,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/447\/revisions"}],"predecessor-version":[{"id":449,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/447\/revisions\/449"}],"wp:attachment":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}