"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Wednesday, February 29, 2012

Tuesday Consumer Confidence Algo

Yesterday there was a prime example of exchange latency and the predictability of algo activity that would cause violent price movements and even front run the orders of our readers who are institutional, proprietary, and retail traders.  Take a good look at the picture below then watch the sped up time-lapse video of the event.

The platform in the top left is the chart section of HFT Alert.  The platform in the upper right is The Accumulator.  The platform on the lower left is Nanex NxSelect


And the video is here courtesy of @HFTAlert.