News for hackers. Stuff that matters.
Re:How the Flash Crash Trader’s $50M Fortune Vanished by rrrrsss99 on Friday February 10, 2017 @10:52PM (#13620901)
No, only one order was legitimate. They placed an ask at the top level and then placed 3 bids below the top level. As soon as someone hit the ask, they cancelled the bids. The bids made it look like the market was going up. If the top level bid had been hit first, they still would have cancelled

There are no comments on this comment yet.