What 6,932 Busted Option Trades In 13 Minutes Looks Like

The only question we have about the following list of 6,932 busted option trades comprising 34,484 call and put (mostly call of course) contracts on the NYSE ARCA Options which took place this morning at the market open until just 13 minutes later “due to an internal system issue”, is whether Goldman is the party that somehow benefited from the DKing of these millions of trades as it did back in August of 2013.

And while we won’t know for sure, here is what happened first thing this morning.

This is the email sent out by NYSE ARCA:

“NYSE Arca Options, on its own motion and in accordance with Rule 6.89 (Erroneous Trades due to System Disruptions and Malfunctions) of the Exchange, will be busting numerous executions which occurred this morning, Tuesday, April 29, 2014, due to an internal system issue.”

How numerous? The screengrab below shows 30 of the busted option trades.

 

For the full Excel list, which shows another 230 pages like the one above, click here.




via Zero Hedge http://ift.tt/QZwEBm Tyler Durden

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