Market Breaks As Stocks Explode Higher On Algo-Triggering Headline

CBOE: AS OF 13:07ET OPRA NOT DISSEMINATION QUOTES,LAST SALES

 

This was right as the Nikkei headlines hit and e-mini volume exploded.

And here is the NYSE confirming that stocks are now soaring higher on “critical Issue”, aka broken market:

Confused what this means: simply said, virtually all quotes, and certainly options, are stale and unreliable, even as dark pools, internalizers and other ATS are filing orders based on 1 hour old data.

In short: a total mess.


Visualizing some of the berserk trades during the outage courtesy of Nanex:

 

What a total farce!




via Zero Hedge http://ift.tt/1wJgpHZ Tyler Durden

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