The Knight trading misbehavior bid the market up, not down. It didn't make its intraday lows until about 12:30 and the S&P500 never fell by more than 1%. Maybe if the puts were on Knight itself ...
I don't know precisely what the article means. The NYSE Retail Liquidity Program, which still exists, describes two categories of participants: member organizations (MOs) and liquidity providers (LPs). MOs have retail…
The Knight trading misbehavior bid the market up, not down. It didn't make its intraday lows until about 12:30 and the S&P500 never fell by more than 1%. Maybe if the puts were on Knight itself ...
I don't know precisely what the article means. The NYSE Retail Liquidity Program, which still exists, describes two categories of participants: member organizations (MOs) and liquidity providers (LPs). MOs have retail…