Knightmare – Self Inflicted Wound


News Flash:

Well, we may now know what happened when Knight (KCG) lost $440 million in one day! The current theory is it was incompetence where test software was released into the NYSE’s live system.

Because the Tester indiscriminately buys at the ask and sells at the bid, it just ran Knight’s stock right into the ground. Perhaps, this is the start of karma against those who try to manipulate the system in their favor.

Source: http://www.zerohedge.com


All content contained on the Hyper Report, and attached video is provided for informational and entertainment purposes only. ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content in this video is provided without any warranty, express or implied. No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes. Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this video is your sole responsibility.

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