Nanex Research
Nanex ~ 10-May-2012 ~ ANDA Goes to $139,999.98
At 13:21:13, Nasdaq began quoting in Andina Acquisition Corporation (ANDA) with a bid of $139,999.98 and an offer of $199,999.98. Why such a high price? According to a recent press
release: "Andina Acquisition Corporation is a blank check company..". Maybe someone thought that meant it could spin gold. More likely, this is yet another bug in exchange software that wasn't properly tested. Whatever the reason, someone else thought that was a good price to sell at and promptly hit the bid, executing trades at $139.999.98. Just last week Berkshire Hathaway stock crashed losing 90% of it's value. And
7 weeks earlier BATS IPO sank to $0.0002.
Here's a link to the spreadsheet
below.
The highlighted cells are trade executions, the other cells are quotes. Each quote line also shows what the NBBO (National Best Bid/Offer) was at the time. The trade condition 95 is an ISO (Intermarket Sweep Order), and condition 66 (2nd trade) is a Market Center Official Open. So it must be official.
| TD |
Time |
Exg |
Trade |
Size |
ExgSeq |
PrcFlags |
TrdCnd |
|
|
|
|
|
|
| EQ |
|
|
Bid |
BidSz |
Ask |
AskSz |
QteCnd |
BBidExg |
BBid |
BBidSz |
BAskExg |
BAsk |
BAskSz |
| EQ |
13:21:13 |
NQEX |
139,999.98 |
2 |
199,999.98 |
3 |
|
NQEX |
139,999.98 |
2 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
139,999.98 |
1 |
199,999.98 |
3 |
|
NQEX |
139,999.98 |
1 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
9.46 |
2 |
199,999.98 |
3 |
|
NQEX |
9.46 |
2 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
98,000.00 |
1 |
199,999.98 |
3 |
|
NQEX |
98,000.00 |
1 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
98,000.00 |
2 |
199,999.98 |
3 |
|
NQEX |
98,000.00 |
2 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
98,000.00 |
3 |
199,999.98 |
3 |
|
NQEX |
98,000.00 |
3 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
98,000.00 |
2 |
199,999.98 |
3 |
|
NQEX |
98,000.00 |
2 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
98,000.00 |
1 |
199,999.98 |
3 |
|
NQEX |
98,000.00 |
1 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
9.46 |
2 |
199,999.98 |
3 |
|
NQEX |
9.46 |
2 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
1 |
199,999.98 |
3 |
|
NQEX |
100,800.00 |
1 |
NQEX |
199,999.98 |
3 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
1 |
199,999.98 |
4 |
|
NQEX |
100,800.00 |
1 |
NQEX |
199,999.98 |
4 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
2 |
199,999.98 |
4 |
|
NQEX |
100,800.00 |
2 |
NQEX |
199,999.98 |
4 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
2 |
199,999.98 |
5 |
|
NQEX |
100,800.00 |
2 |
NQEX |
199,999.98 |
5 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
3 |
199,999.98 |
5 |
|
NQEX |
100,800.00 |
3 |
NQEX |
199,999.98 |
5 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
3 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
3 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
4 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
4 |
NQEX |
199,999.98 |
6 |
| TD |
13:21:13 |
NQEX |
139,999.98 |
100 |
779323 |
7 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
139,999.98 |
100 |
779324 |
|
66 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
139,999.98 |
100 |
779325 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
139,999.98 |
100 |
779326 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779327 |
5 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779328 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779329 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779330 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779331 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:13 |
NQEX |
100,800.00 |
100 |
779332 |
1 |
95 |
|
|
|
|
|
|
| EQ |
13:21:13 |
NQEX |
100,800.00 |
5 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
5 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
6 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
6 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
5 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
5 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
4 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
4 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
3 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
3 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
2 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
2 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
100,800.00 |
1 |
199,999.98 |
6 |
|
NQEX |
100,800.00 |
1 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
9.46 |
2 |
199,999.98 |
6 |
|
NQEX |
9.46 |
2 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
1 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
1 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
2 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
2 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
3 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
3 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
4 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
4 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
5 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
5 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
6 |
|
NQEX |
72,576.00 |
6 |
NQEX |
199,999.98 |
6 |
| EQ |
13:21:13 |
PACF |
9.50 |
10 |
9.80 |
29 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
29 |
| EQ |
13:21:13 |
PACF |
9.50 |
10 |
9.80 |
24 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
5 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
4 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
3 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
2 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
199,999.98 |
1 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
0.00 |
0 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
1 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
2 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
3 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
4 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
5 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:13 |
NQEX |
72,576.00 |
6 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
6 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
72,576.00 |
5 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
5 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
72,576.00 |
4 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
4 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
72,576.00 |
3 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
3 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
72,576.00 |
2 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
2 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
72,576.00 |
1 |
92,897.28 |
6 |
|
NQEX |
72,576.00 |
1 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
6 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
5 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
4 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
3 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
2 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
92,897.28 |
1 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
0.00 |
0 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
1 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
2 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
3 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
4 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
5 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779354 |
5 |
95 |
|
|
|
|
|
|
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779355 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779356 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779357 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779358 |
1 |
95 |
|
|
|
|
|
|
| TD |
13:21:14 |
NQEX |
72,576.00 |
100 |
779359 |
1 |
95 |
|
|
|
|
|
|
| EQ |
13:21:14 |
NQEX |
9.46 |
2 |
12.54 |
6 |
|
PACF |
9.50 |
10 |
PACF |
9.80 |
24 |
| EQ |
13:24:22 |
PACF |
0.00 |
0 |
0.00 |
0 |
|
NQEX |
9.46 |
2 |
NQEX |
12.54 |
6 |
Nanex Research