Knight: It Was Us
August 1, 2012
Market maker Knight Capital said it incorrectly sent orders for 150 symbols to the New York Stock Exchange at the outset of trading Wednesday, due to a technical issue. By 2 p.m., the NYSE was reviewing trading in 147 NYSE stocks and 13 NYSE MKT stocks.
Trading at the open leapt to 300 million shares, from a norm of about 100 million.
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