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Daily Archives: May 27, 2012

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Measuring The Universe

History and ScienceBy Chris TateMay 27, 2012
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Did a Stuck Quote Prevent a Facebook Opening Day Pop?

Trading ResourcesBy Chris TateMay 27, 2012

Nanex ~ 25-May-2012 On 18-May-2012, within seconds of the opening in Facebook, we noticed an exceptional occurrence: Nasdaq quotes had higher bid prices than ask prices. This is called a cross market and occurs frequently between two different exchanges, but practically never on the same exchange (the buyer just needs to match up with the seller,…

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