CL-Crude Futures and High Frequency Trading
Anything look unusual on this chart of Crude futures today?
Pay attention to the timestamp on the chart...
9, 10, 11, 12, 13, 15, 16, 17
Uh, where's 14 (2 p.m.)?
The chart goes right up to 14:04 then jumps to 14:21 then to 15:15 (2:04 p.m. EDT / 2:21 / 3:15)
CME, where CL (Crude Futures) trade, went berserk apparently from an algo. They shut down the system, cancelled all open orders and
