Mystery Solved, but Questions Remain Post: 302457202

Sponsored Content

Special Forums News, Links, Events and Announcements Complex Event Processing RSS News Mystery Solved, but Questions Remain Post 302457202 by Linux Bot on Monday 27th of September 2010 02:00:02 PM

09-27-2010

Registered User

Mystery Solved, but Questions Remain

John Bates
09-27-2010 01:39 PM
Scooby Doo and the gang have been investigating the spooky mystery of the "phantom orders" on CME and they found out that the culprit was... wait for it.... The CME! Turns out the exchange plugged in some new contracts to try them on for size and they mistakenly went live and bam! they got traded.

According to the FT, CME Group said it had �inadvertently� posted test orders intended for its quality assurance procedure on Globex (http://tinyurl.com/23bpfjj). CME said the company tests its systems as a matter of course and it had not determined whether human error or a computer glitch caused the mistake.

The FT said the mistaken order flow began at 3:38pm ET time on Monday, September 13th and lasted for six minutes. Futures brokers noticed oddly anomalous spread price activity during that period, when trading is usually slow.

CME said it was working with the customers that somehow managed to trade these contacts in those six minutes, and says it won't "bust" the transactions. Fair enough. But the mistake shows how the exchange lacked adequate monitoring technology to see that some test contracts had entered the live environment - and were being traded.

This six minute phantom orders mystery is solved, but the very fact that it occurred supports my argument that brokers, traders and exchanges need to have more advanced capabilities to detect problems and abuse as they happen, and recommend actions to take in response. The Mystery Machine got to the bottom of the case, but it was not fitted with the latest real-time surveillance equipment. It seems, like Velma, the CME temporarily lost their glasses!

Source...

Linux Bot

View Public Profile for Linux Bot

Find all posts by Linux Bot

8 More Discussions You Might Find Interesting

1. Shell Programming and Scripting

delete and remain 2 value

Hello Friend, I have the followint command to delete 4th field and move forward. Can I delete all filed and just remain the first 2? sed -e "/^*<Number/s/\(\) \(\)/\1\2/g" -e "/^*<Number/s/\(\)./\1/" -e "/^*<Number/s/\(\)/\1 /g" -e "/^*<Number/s/0</</" file input <Number>00000000<Number>...

2. Solaris

The Mystery Directory

Hello Everyone, I am currently running a large Server with Veritas Volumen Manager, attached to a EMC. uname -a SunOS 5.8 Generic_117350-47 sun4u sparc SUNW,Sun-Fire-880 I have one directory that tends to change to a file.Once in a while and always in different time.The file is the...

3. Solaris

ld: fatal: relocations remain against allocatable but non-writable sections

Hello everybody. I've got a problem installing libssh2-0.18 Configure is done without any errors : ./configure --prefix=/home/tdallagn/modap/libssh2 --with-openssl=/home/tdallagn/modap/openssl But the "make" command fails : ld: fatal: relocations remain against allocatable but...

4. UNIX for Advanced & Expert Users

A perplexing mystery

A perplexing mystery... please note that i am not a lacky, and the error below is misleading recently something i do all the time broke (a script). now when i run this script i get this error. /usr/bin/awk: 0403-027 The parameter list is too long. note that the (parameter list is...

5. Filesystems, Disks and Memory

I/O Error Mystery

I burned identical raw encrypted data to three cds using my new external Toshiba drive. My internal IBM read only drive does not get an I/O Error when reading in Circumstance #1, but does get an I/O Error in Circumstance #2. But, the Toshiba drive can do both circumstances without an error. ...

6. Shell Programming and Scripting

sort mystery

Hi everyone, I can't seem to understand the behavior of sort on a particular case. cat tmp25 1 a 10 b 20 c 2 d I do that: sort -k1,1 tmp25 1 a 10 b 2 d 20 c This one I understand, it's what i expected, from a string point of view 1<10<2<20 sort -k1...

7. UNIX for Dummies Questions & Answers

lpstat print queue remain SENDING status

Hi All, When I type the following command: lpstat -pthcgl240 I get the following : Queue Dev Status Job Files User PP % Blks Cp Rnk ------- ----- --------- --- ------------------ ---------- ---- -- ----- --- --- thcgl24 @CGBP SENDING 636...

8. Shell Programming and Scripting

Search for duplicates and delete but remain the first one based on a specific pattern

Hi all, I have been trying to delete duplicates based on a certain pattern but failed to make it works. There are more than 1 pattern which are duplicated but i just want to remove 1 pattern only and remain the rest. I cannot use awk '!x++' inputfile.txt or sed '/pattern/d' or use uniq and sort...

LEARN ABOUT DEBIAN

cmtk-unwarp_image_phantom

unwarp_image_phantom(1) 			       The Computational Morphometry Toolkit				   unwarp_image_phantom(1)

NAME

       unwarp_image_phantom - Unwarp T1-weighted MR image using a phantom description

SYNOPSIS

       unwarp_image_phantom InputPhantom InputImage OutputXform

DESCRIPTION

       This  tool computes a  B-spline free-form deformation to unwarp an image. The transformation is based on expected and detected landmarks in
       an image of a structural phantom acquired on the same scanner. Use the 'detect_adni_phantom' tool to detect landmarks of the  ADNI  Phantom
       in an image and generate a phantom description file suitable for use with this tool.

OPTIONS

   Global Toolkit Options (these are shared by all CMTK tools)
       --help
	    Write list of basic command line options to standard output.

       --help-all
	    Write complete list of basic and advanced command line options to standard output.

       --wiki
	    Write list of command line options to standard output in MediaWiki markup.

       --man
	    Write man page source in 'nroff' markup to standard output.

       --version
	    Write toolkit version to standard output.

       --echo
	    Write the current command line to standard output.

       --verbose-level <integer>
	    Set verbosity level.

       --verbose, -v
	    Increment verbosity level by 1 (deprecated; supported for backward compatibility).

       --threads <integer>
	    Set maximum number of parallel threads (for POSIX threads and OpenMP).

   Fitting Options
       --levels <integer>
	    Number of levels in the multi-level B-spline approximation procedure.  [Default: 1]

       --no-fit-affine
	    Disable  fitting  of affine transformation to initialize spline. Instead, fit spline directly. This usually gives worse results and is
	    discouraged.

   Output Options
       --final-cp-spacing <double>
	    Final control point grid spacing of the output B-spline transformation.  [Default: 0]

       --final-cp-dims <string>
	    Final control point grid dimensions (i.e., number of control points)  of  the  output  B-spline  transformation.  To  be  provided	as
	    'dimX,dimY,dimZ'.  [Default: NONE]

AUTHORS

       Torsten Rohlfing, with contributions from Michael P. Hasak, Greg Jefferis, Calvin R. Maurer, and Daniel B. Russakoff

LICENSE

       http://www.fsf.org/licensing/licenses/gpl.html

BUGS

       Report bugs at http://nitrc.org/projects/cmtk/

ACKNOWLEDGMENTS

       From  April 2009 through September 2011, CMTK Development and Maintenance was supported by the National Institute of Biomedical Imaging and
       Bioengineering under Grant No.R01 EB008381 (PI: Torsten Rohlfing).

CMTK 2.2.2							    Jul 20 2012 					   unwarp_image_phantom(1)