Nanex ~ 26-Oct-2012 ~ 600,000 Quotes in BAC
On October 26, 2012 starting at 14:02:22 and ending at 14:02:56, there were 596,997
quotes and only 180 trades in Bank of America stock (symbol BAC). During this 35 second
period, these quotes in BAC accounted for 55% of all quotes from all (8,000) NMS stocks.
If you were to print out all of these quotes using a tiny 7 point font, it would fill almost 10,000
sheets (20 reams) of paper.
Here is a
link to a google spreadsheet that has just one second of this