The fat fingers thread

[Kai]

Maybe this excessive greed is coming as a result of this covid/economic crisis.

[gstar1975]

Screenshot_2020-06-14 Betfair Market Graphs Stream.png

[Archery1969]

Happens on the greyhounds too.

[ps1967]

Big one on the Spurs v Man Utd game there, 0-0 backed into 1.18 while the score was 1-1.

[weemac]

Not as many as there used to be, it seems.

[Derek27]

Not as many as there used to be, it seems.

To some extent, we're probably less inclined to post them now as they're quite repetitive.

[Euler]

Umm Kulthum_34992079_16_23_29.png

[Euler]

Screenshot 2020-07-29 16.23.55.png

[Tuco]

...almost like a Navinder Singh Sarao flash crash some of those Peter

https://www.bbc.co.uk/news/explainers-51265169

https://en.wikipedia.org/wiki/2010_flash_crash

https://www.theworldweekly.com/reader/v ... lash-crash

https://contrarianinvestor.net/posts/20 ... washington

I'd be interested in hearing others view on the above flash crash. In my opinion Navinder Singh Sarao did nothing wrong - in fact if he managed to get automated bots to crash the price and he was able to exploit the crash by buying at a low price and selling a few minutes later at a much higher price, well done that man - I say fair play to him. All prices are artificial and manipulated anyway, so who knows what the 'correct' price of any stock really is.

[Euler]

The book is a good read / listen if you have done that yet.

[Tuco]

The book is a good read / listen if you have done that yet.

...what's the name of the book Peter?

I had a glance the other night and there seemed to be a few - TIA.

[Euler]

https://www.amazon.co.uk/Flash-Crash-Li ... 0008270392

[ShaunWhite]

I'd be interested in hearing others view on the above flash crash. In my opinion Navinder Singh Sarao did nothing wrong - in fact if he managed to get automated bots to crash the price and he was able to exploit the crash by buying at a low price and selling a few minutes later at a much higher price, well done that man - I say fair play to him. All prices are artificial and manipulated anyway, so who knows what the 'correct' price of any stock really is.

My opinion is he's a pain in the arse. The stock market seems like a world that doesn't affect us but he can keep his spoofing mitts off my pension and the state pension funds that are spread around various instituations to minimise risk. "who knows what the 'correct' price of any stock really is.", very clearly defined and established formulas around their capital, assets, order books, and analysts pouring over company accounts for days. And it's because of people like him that the institutions had to spend time and money implementing safety valves and agreements to terminate trading on excessive movements. These selfish greedy flash crashes benefit one person, the clown doing it and the rest of us have to pay for it because that money comes from our investments one one way or another. Rant over

[Emmson]

Not the nags but someone made a catastrophic fat finger error on the cricket not many mins ago, nothing dramatic happened on the game at that point.

[Emmson]

Actually no idea what happened as no great amounts were matched at crazy prices.