Re:Trading halted as U.S. stocks plummet
by headmelted on Monday March 09, 2020 @03:16PM
(#22528692)
It’s really more a protection against recursive trading loops by HFT systems.
In the flash crash (2010), it was later determined that the largest part of the drop was driven by competing systems racing to the bottom solely because competing systems were selling off too.
In the flash crash (2010), it was later determined that the largest part of the drop was driven by competing systems racing to the bottom solely because competing systems were selling off too.