IMC allegedly mishandled opening at NYSE
7 comments / September 11, 2015
The market tumbled on August 24, after the “black monday” in China. The Dow Jones dropped 1089 points intraday. Usually the “designated market makers” (DMM) at the Big Board take care of a fair and orderly market. In times of turbulence, there’s a fast market rule where the market makers can duck the regular trading rulesRead more