Nanex Research

Nanex ~ 24-Oct-2012 ~ MKC.V Event

On October 24, 2012 at 12:29:59, the class V stock of McCormick & Company (symbol MKC.V)  dropped 9.6% in 100 milliseconds and then recovered within 10 seconds.



1. MKC.V 1 second interval chart showing trades color coded by exchange.


2. MKC.V 1 second interval chart showing bids and asks color coded by exchange.


3. MKC.V 20 millisecond interval chart showing trades color coded by exchange.


4. MKC.V 1 millisecond interval chart showing trades color coded by exchange.


5. MKC.V 1 millisecond interval chart showing trades and quote spread from NYSE and EDGX.
Note how trades at Edge-X could have received better prices if routed.

6. MKC.V 1 second interval chart showing bids and asks color coded by exchange.
Crazy quoting just before drop.


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