- Forex Trading
- Online Brokers
Maybe the SEC should investigate February's wild market moves
It has been one month since the market bottomed on Feb. 9. It was a wild week, one for the record books.
But the event most seared into trader's minds was the 1,600 point swing in the Dow Jones industrial average on Feb. 5 (a 6 percent move), particularly the roughly 1,000 point drop in the late afternoon.
What happened, and does it warrant some kind of investigation?
After talking with several dozen market participants, there seems to be a broad consensus that a combination of factors caused the big drops: