A crack in the "non-manipulated" markets?

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A crack in the "non-manipulated" markets?

Postby Saabman » Wed Nov 06, 2013 10:19 am

http://www.bloomberg.com/news/2013-11-0 ... arket.html


"In an eight-week Bloomberg News survey conducted this year, commodities traders expressed skepticism about benchmark prices, with 85 traders and analysts, of 270 surveyed, saying they have little confidence in the assessed prices of crude, metals and iron ore. "
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Re: A crack in the "non-manipulated" markets?

Postby rsk1963 » Wed Nov 06, 2013 10:27 am

recently there has been so many news articles about manipulation in almost every asset class and the "gov" finding this guy, that girl, this company etc etc guilty, I cannot blame them

as jff would say "truth in price"

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Re: A crack in the "non-manipulated" markets?

Postby InfleXion » Thu Nov 07, 2013 1:33 pm

The only way one look at this chart doesn't scream manipulation to me is through suspension of disbelief. Not only do you have the dropoff right at market open in New York, but on any given day you can see the obvious quote stuffing going on outside New York hours where the price vibrates due to front running trades and siphoning out the wealth. You buying? We buy first. You selling? We sell first. This is why the vibration occurs, compounding every movement in either direction. During NY hours is where they make their moves, and the rest of the time they just let the algos do the work.

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