Stop-Hunting Algos Dominate S&P 500 Today

It seems the machines are in full stop-hunting mode today. One wonders when regulators will sniff around these ‘hunts’ finally (just as they did in FX markets – which banks paid minimally for this week).

 

Extending beyond highs and lows by a tick or two each time and hinging around VWAP, the machines are running the show again today…




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

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