Couldn't it also just be clock skew on a host or local datacenter which set off a chain reaction?
I mean, I know that traders are probably pretty anal about accurate clocks, but mistakes do happen.
I mean, I know that traders are probably pretty anal about accurate clocks, but mistakes do happen.
Absolutely. I'm just saying there isn't much justification to assume it was a mere mistake.
Particularly given the trades that show up just after the report was released, but before a person could conceivably process them and initiate the relevant strategy.
That alone suggests gamesmanship, even if the "early" trader went earlier than he meant to.
Couldn't they be trading based on some natural language processing algorithm?