http://www.cboeoptionshub.com/2011/0...1-07-06-11-34/
The important thing to take from this experiment is that this thing we call the “fair value” of a stock may not have changed much during the “Flash Crash”. In fact, for a few stocks, it may not have changed at all. What we witnessed was in part an effect of wider markets and a few trades on those wider markets giving the illusion that things were much lower than otherwise thought.
All the information applies to all markets not just stocks which the article refers.
The important thing to take from this experiment is that this thing we call the “fair value” of a stock may not have changed much during the “Flash Crash”. In fact, for a few stocks, it may not have changed at all. What we witnessed was in part an effect of wider markets and a few trades on those wider markets giving the illusion that things were much lower than otherwise thought.
All the information applies to all markets not just stocks which the article refers.