Nanex Research

Nanex ~ 17-Sep-2012 ~ Raining Trades in MDR

On September 14, 2012, starting at 14:59:53.800 and lasting for less than 1 second, 1,388 trades rained down 606,828 shares of McDermott International Inc. (symbol MDR). This is probably some new sell algorithm that pauses for short periods of time when selling a large amount of stock.


1. MDR 1 millisecond interval showing trades color coded by exchange and NBBO (Red shade: crossed. Yellow shade: locked. Gray shade: normal).
This is 1 second of trading.


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