This Is What Happens When Someone Is Desperate To Sell $750 Million Of Stocks In 1 Second

This Is What Happens When Someone Is Desperate To Sell $750 Million Of Stocks (ZeroHedge, Oct 13, 2014):

At 1532ET today (Columbus Day – with half the market absent), someone – apparently having waited to see if the almost ‘ubiquitous’ 330pm Ramp would occur – decided it was time to dump three-quarters of a billion dollars notional of US equity market exposure in 1 second. The results of this forced liquidation (or utter disregard for fiduciary duty) were as follows…

A complete collapse of all liquidity in the S&P 500 e-mini futures contract – the world’s most liquid equity exposure vehicle…

6 thoughts on “This Is What Happens When Someone Is Desperate To Sell $750 Million Of Stocks In 1 Second

  1. I wish someone else would comment here, this is a very important story.
    What happens when 25 people are desperate to sell $750 million of stock at the same time? Or 250 people, or 1000?
    At what point does the system break for good?

  2. Or, our enemies decide to trash the market? We need to shut the computer trading down. Only Goldman Sux and kind benefit. Its not like that benefits America. Trades from the 750m group need to be looked at!

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