Has anybody noticed the low volume on NYSE traded stocks since 12:20PM?
NYSE and CME are not reporting any problems and indeed their quotes are working just fine - but the volumes have gone quiet on NYSE, look at XOM, KO for example - very quiet - in addition to IOC. I wonder what is going on.
of note: CME and NYSE still have floor traders that can process the trades, albeit not 100% of the trades. Nasdaq is 100% electronic.
If the big shorts algo machines can deal in the options, it virtually shuts down the trading in the common stock of ioc. Shows the effect of options on the trading activity of the shorts algo. Do away with options, IOC becomes a different animal. imo