It's just a matter of time until the BATS iWideQuoter causes another Halt in some stock due to it's existence. What was the point of quoting 20%+ away from the NBBO again?

Shown Here in UGAZ & DGAZ:

UGAZ - Zoom into BBO and Trades:



UGAZ - Zoom out of all quotes:



UGAZ - BATS exchange only (quotes) and 20% NBBO bands:



DGAZ - Zoom into BBO and Trades:



DGAZ - Zoom out of all quotes:



DGAZ - BATS exchange only (quotes) and 20% NBBO bands:



How to read this chart

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