Nanex ~ 14-Nov-2012 ~ FT's Flash Crash
On November 14, 2012 at 15:30:48, the stock of Franklin Universal Trust (symbol FT)
dropped 31% in just over 1/2 second on 293 individual trade executions. It then halted.
After market close, during after hours trading, it did it again (though with fewer trades).
1. FT ~ 5 second interval chart showing trades color coded by exchange.
2. FT ~ 5 second interval chart showing bids and asks color coded by exchange.
3. FT ~ 1 millsecond interval chart showing trades color coded by exchange.
Note that there are many trades executing at what appears to be the best ask price -
indicating active buying during this drop!