Nanex ~ 18-May-2013 ~ MNKD Mayhem
MNKD collapses, and prices swing wild. Over 40% of trades execute on dark pools (green
squares in charts below) and many of these trades are reported seconds late.
1. MNDK Trades color coded by reporting exchange and NBBO (gray shading).
This is 1 second of data. Each colored dot is a trade. Just look at the variance of
trade prices (each colored dot is a trade).
- Note how dark pool trades (green squares) mostly execute at the extremes.
- 34% of trades and 58% of shares executed on Dark Pools in this second.
- The language of Reg NMS often refers to NBBO price changes within a second as flickering
2. Additional Charts of MNKD