A quick read through seems that the strategies used were fairly rudimentary: a combination of leverage (via options) and going big -- enough to create imbalances that couldn't be offset by other market participants. They did this intraday - presumably closer to the open when price discovery was most important - but also on market close to tilt on-close imbalances.
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[ 4.6 ms ] story [ 15.0 ms ] threadA quick read through seems that the strategies used were fairly rudimentary: a combination of leverage (via options) and going big -- enough to create imbalances that couldn't be offset by other market participants. They did this intraday - presumably closer to the open when price discovery was most important - but also on market close to tilt on-close imbalances.