It was just Friday when a pithy Bob Pisani noted that investor confidence in markets is up because there have been no market malfunctions recently… he spoke too soon. As Nanex’s Eric Hunsader reports, an apparent malfunction at BATS-Y has caused dozens of flash crashes… including in AAPL.
#ALERT Malfunction at BATS-Y? causes dozens of flash crashes
— Eric Scott Hunsader (@nanexllc) August 18, 2014