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The inrush of selling orders, particularly from the provinces, established a record so far as this Morocco crisis is concerned.
Many will ask how a single day-trader could possibly have been allowed to generate $200m of selling orders, over a fifth of the daily volume in the contract he favoured, during a period of known market convulsion without having been blocked by one party or another.
"Most of the selling pressure is seen in bank shares, where there is about €100m [£70m] worth of unexecuted selling orders," said investment adviser Theodore Mouratidis.
Similar(55)
They aggregate buy and sell orders for a particular stock.
Buy and sell orders are placed by ritualized hand gestures.
During the flash crash, sell orders in some stocks overwhelmed demand for the stocks.
If all traders submit their buy or sell orders to the same market, liquidity is maximised.
Unprofitable flights were reduced, excess aircraft sold, orders for new planes canceled or delayed.
These reports also would disclose whether the brokers internalize or sell orders to other firms.
Behind them, on two large screens, sell orders ticked by in red and buy orders in blue.
When shares are driven to extremely high prices, there are difficulties in matching buy orders and sell orders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com