S&P 500 Futures Pit on May 6, 2010 (Flash Crash)

By Barry Ritholtz - May 6th, 2011, 2:18PM

Blast from the past: One year ago today:

This is an audio of a S&P 500 trader quoting the action that was taking place in the futures pit in Chicago at the CME. This was a historic day as the market lost nearly $1 trillion within minutes and then recovered the losses. The DJIA and S&P 500 futures fell 10% that day before snapping most if the way back.

www.thefuturesroom.com

PERMALINK
Category: Trading, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “S&P 500 Futures Pit on May 6, 2010 (Flash Crash)”

tradeking13 Says:
May 6th, 2011 at 4:50 pm
This one is still my absolute favorite:

http://www.youtube.com/watch?v=iYhMyPAbaGw

~~~

BR: heh heh We also listened to that today —
I prefer the dude in the pits than some jackhole leading a wedinar as the markets tank . . .
V Says:
May 12th, 2011 at 7:45 am
We should also reflect on what happened that day in terms of cancelled trades!

The Big Picture - Macro Perspective on the Capital Markets, Economy, Technology, and Digital Media