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Non-US Investing • ETF "flash crash"

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Apparently we might never know, but this kind of stuff is not unheard of, even in the US.

The lesson is clear though: never ever use market orders.
I know of some who keep many low price good-till-cancelled purchase orders in place and who, albeit very infrequently, have caught some good deals. Fat fingers/glitches periodically occur, such as selling one million shares for 1 Yen instead of 1 share for a million Yen. Typically quickly corrected, too quick to manually spot/trade, but at high cost to the firm, and where orders already in the order queue can be filled (gain from their loss).

Statistics: Posted by seajay — Tue Apr 09, 2024 3:41 am — Replies 22 — Views 2269



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