Nanex - Strange Days 05/02/2011

Strange Days 05/02/2011

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On 05/02/2011 witnessed several stocks exhibiting strange pricing in executed trades (we present 2 below). This was later overshadowed in after hours trading with more that 50 stocks trading well outside of their price range.

Early Morning trading:

PRIS - PROMOTORA

Cancelled Trades for PRIS on 05/02/2011:

;tc|BEGINSTREAM|20110502|
;tc|NxTime|Symbol|Listed Exg|CorrectionType|OrgSeq|OrgPrice|OrgSize|
11:38:50|ePRIS|NYSE|Cancel;Busted;|14719|12.36000|100|
11:38:50|ePRIS|NYSE|Cancel;Busted;|15161|12.50000|100|
11:38:50|ePRIS|NYSE|Cancel;Busted;|15473|12.50000|100|
11:38:50|ePRIS|NYSE|Cancel;Busted;|16405|13.70000|100|
;tc|ENDSTREAM|20110502|

SPWRA - SUNPOWER

There were no cancellations for SPWRA below $19.00 on 05/02/2011.

In after hours trading on 05/02/2011, more that 50 stocks traded well outside their normal trading range, resulting in blanket cancellations where the price was more than 30% away in all issues.

From Reuters: Nasdaq, NYSE Arca cancel trades in over 50 stocks.

We have picked a handfull of these stocks to demonstrate just how far out of range these trades were (see below for the list of cancellations):

After hours Cancelled Trades for 05/02/2011:

;tc|BEGINSTREAM|20110502|
;tc|NxTime|Symbol|Listed Exg|CorrectionType|OrgSeq|OrgPrice|OrgSize|
18:33:27|eABT|NYSE|Cancel;Busted;|1261842|73.00000|200|
18:33:27|eABT|NYSE|Cancel;Busted;|1261843|75.00000|100|
18:33:27|eABT|NYSE|Cancel;Busted;|1261844|80.00000|100|
18:33:27|eABT|NYSE|Cancel;Busted;|1261845|80.00000|312|
18:33:27|eABT|NYSE|Cancel;Busted;|1261846|85.00000|100|
18:33:27|eABT|NYSE|Cancel;Busted;|1261847|278.03000|393|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268743|39.00000|300|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268744|39.20000|200|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268745|40.00000|200|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268757|41.00000|151|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268760|41.75000|200|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268761|41.75000|5300|
18:35:40|eBMY|NYSE|Cancel;Busted;|1268762|45.00000|3000|
18:36:02|eDVA|NYSE|Cancel;Busted;|1444287|130.00000|100|
18:36:21|eBSX|NYSE|Cancel;Busted;|1268742|11.25000|150|
18:36:21|eBSX|NYSE|Cancel;Busted;|1268746|11.37000|500|
18:36:21|eBSX|NYSE|Cancel;Busted;|1268747|11.90000|580|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268748|11.90000|390|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268749|15.00000|500|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268750|15.00000|100|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268753|18.60000|500|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268754|20.00000|800|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268755|24.34000|100|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268756|28.85000|266|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268758|28.88000|600|
18:36:22|eBSX|NYSE|Cancel;Busted;|1268759|28.95000|122|
18:37:11|eCAH|NYSE|Cancel;Busted;|1268614|70.00000|135|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396515|53.52000|117|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396516|54.61000|500|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396517|55.00000|1000|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396518|56.00000|106|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396519|58.20000|200|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396521|59.00000|104|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396522|62.50000|200|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396523|65.00000|100|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396524|65.00000|100|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396525|69.00000|100|
18:37:51|eGILD|NQNM|Cancel;Busted;|1396526|69.99000|5515|
18:37:52|eMDT|NYSE|Cancel;Busted;|1401008|55.50000|135|
18:37:52|eMDT|NYSE|Cancel;Busted;|1401014|65.00000|100|
18:37:55|eCELG|NQNM|Cancel;Busted;|1183956|80.00000|140|
18:37:55|eCELG|NQNM|Cancel;Busted;|1183957|93.46000|1000|
18:37:55|eCELG|NQNM|Cancel;Busted;|1183958|93.46000|500|
18:37:55|eCELG|NQNM|Cancel;Busted;|1183959|95.00000|100|
18:37:55|eCELG|NQNM|Cancel;Busted;|1183994|79.00000|100|
18:39:30|eJNJ|NYSE|Cancel;Busted;|1383353|87.00000|100|
18:39:30|eJNJ|NYSE|Cancel;Busted;|1383354|90.00000|400|
18:39:30|eJNJ|NYSE|Cancel;Busted;|1383355|94.00000|200|
18:39:30|eJNJ|NYSE|Cancel;Busted;|1383356|99.00000|100|
18:39:30|eJNJ|NYSE|Cancel;Busted;|1383357|100.00000|100|
18:39:44|eZMH|NYSE|Cancel;Busted;|1286718|86.00000|110|
18:40:32|eMHS|NYSE|Cancel;Busted;|1401024|100.00000|100|
18:41:35|eLLY|NYSE|Cancel;Busted;|1401035|57.37000|100|
18:41:35|eLLY|NYSE|Cancel;Busted;|1401036|65.00000|500|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237169|48.00000|186|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237170|50.00000|100|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237171|50.00000|100|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237172|50.00000|781|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237173|51.30000|206|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237174|55.00000|100|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237175|59.97000|1400|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237176|60.00000|100|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237177|60.00000|265|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237178|60.00000|200|
18:44:44|eMRK|NYSE|Cancel;Busted;|1237179|64.00000|250|
18:45:22|eMYL|NQNM|Cancel;Busted;|1454212|58.75000|225|
18:46:17|ePFE|NYSE|Cancel;Busted;|1392581|27.60000|800|
18:46:17|ePFE|NYSE|Cancel;Busted;|1392582|27.77000|300|
18:46:17|ePFE|NYSE|Cancel;Busted;|1392583|28.00000|200|
18:46:17|ePFE|NYSE|Cancel;Busted;|1392584|28.00000|160|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392585|28.00000|160|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392586|28.00000|600|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392587|28.06000|500|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392588|28.10000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392589|28.50000|104|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392590|29.00000|600|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392591|29.70000|150|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392592|29.75000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392593|29.94000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392594|29.99000|150|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392595|30.00000|470|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392596|30.00000|6500|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392597|30.00000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392598|30.00000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392599|30.00000|300|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392600|30.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392601|30.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392602|30.00000|1000|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392603|30.00000|500|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392604|30.00000|1200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392605|30.50000|900|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392606|30.99000|273|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392607|31.17000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392608|31.99000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392609|32.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392610|32.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392611|33.90000|175|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392612|34.15000|1000|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392613|35.00000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392614|35.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392615|35.00000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392616|36.00000|350|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392617|36.00000|200|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392618|36.68000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392619|37.00000|150|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392620|37.77000|550|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392621|37.80000|400|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392622|39.00000|800|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392623|40.00000|100|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392624|40.00000|700|
18:46:18|ePFE|NYSE|Cancel;Busted;|1392625|40.00000|206|
18:46:19|ePFE|NYSE|Cancel;Busted;|1392626|45.00000|231|
18:46:19|ePFE|NYSE|Cancel;Busted;|1392627|49.25000|1500|
18:46:19|ePFE|NYSE|Cancel;Busted;|1392628|50.00000|610|
18:46:19|ePFE|NYSE|Cancel;Busted;|1392629|88.71000|559|
18:46:19|eCSMA|PACF|Cancel;Busted;|228953|21.02000|89500|
18:47:45|eSYK|NYSE|Cancel;Busted;|1278272|80.00000|400|
18:49:15|eVAR|NYSE|Cancel;Busted;|1286711|95.00000|1560|
19:05:18|eAGN|NYSE|Cancel;Busted;|1261786|111.16000|600|
19:05:30|eAGN|NYSE|Cancel;Busted;|1261784|104.72000|400|
19:15:52|eKOF|NYSE|Cancel;Busted;|1404176|79.46350|1288|
19:15:53|eELP|NYSE|Cancel;Busted;|1448074|27.58330|5400|
19:15:53|eSCCO|NYSE|Cancel;Busted;|1188539|36.69270|47632|
19:15:53|eSQM|NYSE|Cancel;Busted;|1188540|60.53870|4100|
19:15:53|eCCU|NYSE|Cancel;Busted;|1284561|59.99400|430|
19:15:53|eCPL|NYSE|Cancel;Busted;|1284562|89.46920|2300|
19:15:53|eEBR.B|NYSE|Cancel;Busted;|1448073|18.28520|1100|
19:15:53|eEBR|NYSE|Cancel;Busted;|1448072|14.53470|16200|
19:15:59|eKOF|NYSE|Cancel;Busted;|1404177|79.46350|1288|
19:15:59|eELP|NYSE|Cancel;Busted;|1448077|27.58330|5400|
19:15:59|eSQM|NYSE|Cancel;Busted;|1188542|60.53870|4100|
19:15:59|eSCCO|NYSE|Cancel;Busted;|1188541|36.69270|47632|
19:15:59|eCPL|NYSE|Cancel;Busted;|1284564|89.46920|2300|
19:15:59|eCCU|NYSE|Cancel;Busted;|1284563|59.99400|430|
19:15:59|eEBR.B|NYSE|Cancel;Busted;|1448076|18.28520|1100|
19:15:59|eEBR|NYSE|Cancel;Busted;|1448075|14.53470|16200|
19:22:38|eBSX|NYSE|Cancel;Busted;|1268751|15.24000|220|
19:22:38|eBSX|NYSE|Cancel;Busted;|1268752|16.48000|180|
19:23:39|eCEPH|NQNM|Cancel;Busted;|1183941|81.10000|100|
19:24:57|eFRX|NYSE|Cancel;Busted;|1232423|49.22000|100|
19:24:57|eFRX|NYSE|Cancel;Busted;|1232424|55.22000|100|
19:24:57|eFRX|NYSE|Cancel;Busted;|1232425|59.22000|100|
19:24:57|eFRX|NYSE|Cancel;Busted;|1232426|65.22000|100|
19:24:57|eFRX|NYSE|Cancel;Busted;|1232427|69.22000|100|
19:24:58|eFRX|NYSE|Cancel;Busted;|1232428|75.22000|100|
19:26:48|eMHS|NYSE|Cancel;Busted;|1401021|88.54000|400|
;tc|ENDSTREAM|20110502|

Inquiries: pr@nanex.net

Publication Date: 05/03/2011
http://www.nanex.net

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