Nanex Research

Nanex ~ 10-Jul-2013 ~ Top Market Mysteries

Regulator To-Do List

Last Updated: July 12, 2013.

If we had a chance to be a market regulator for a day (SEC, CFTC or FINRA) with access to audit trail data, here are the top market mysteries we'd look at first.
  1. The BATS IPO. Who were the buyers and sellers at Nasdaq, trading the stock all the way to $0.0001?
  2. The 17 Seconds of Silence before Facebook IPO.
  3. Was our theory on the cause of Knight Capital's heavy losses on August 1, 2012 correct?
  4. What is behind the whac-a-mole patterns (this page has a list of links to these events)?
  5. Who was the eMini seller on May 6, 2010 at 14:42:44? Is there anything linking that sale to similar sale on April 28, 2010 at 11:27:46?
  6. What caused the strange oscillation in Natural Gas on June 8, 2011, or the similar pattern in the eMini on January 14, 2008?
  7. The Kraft Event and its relation to similar action we've seen elsewhere, such as in Apple or Amazon.
  8. Are Direct Edge trades reported late as data indicates, or not?
  9. Why do network traffic graphs for market quotes always show a similar topping out pattern.
  10. Who was behind this quote stuffing algo?

After solving the above, we'd start on this list of over 2,500 documented market anomalies.

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