Sublime

The design that FTX (Gary) had come up with solved the problem, in an elegant way. It monitored customers’ positions not by the day but by the second. The instant any customer’s trade went into the red, it was liquidated.

A risk analysis company called Gauntlet, which studied the price movements of various crypto tokens, had maybe the best picture of what actually happened next. Within twenty seconds of Caroline’s tweet came a rush to sell FTT by speculators who had borrowed money to buy it. The panic was driven by an assumption: if Alameda Research, the single bigg

RTT, as its name suggests, is a trend trading methodology that waits for a retracement before initiating a trade in the direction of the underlying trend. It uses two simple moving averages to define the medium‐term (34‐day) and long‐term (250‐day) trend. To identify a retracement, it will use the RSI with a ten‐bar look back period and an 80% band

Brad knew that he was being front-run—that some other trader was, in effect, noticing his demand for stock on one exchange and buying it on others in anticipation of selling it to him at a higher price.

Someone out there was using the fact that stock market orders arrived at different times at different exchanges to front-run orders from one market to another.