While we have already heard this morning of numerous Nasdaq options markets prices being crossed, the latest SNAFU involves nothing less than that ultimate lever of market performance – the VIX – which just flash-smashed:
- *VIX EARLIER SURGED TO 21.26 IN SINGLE TRADE THAT WAS ERASED
- *VIX SURGES TO 15.27 BEFORE IMMEDIATELY DROPPING TO 14.17
It would appear that fist-stomping the "Sell VIX" button too many times on the Fed's Bloomberg terminal keyboard temporarily exposed reality. Or did the Fed realse its statement prematurely once again?
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/xJNcjtcKgf8/story01.htm Tyler Durden