But then why do exchanges feel free to reverse trades after the flash crash, but... | Hacker News

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		bbrtyth on May 23, 2012 \| parent \| context \| favorite \| on: Hedge Funder Who Bet $100 Million On Facebook IPO ... But then why do exchanges feel free to reverse trades after the flash crash, but not after something like this flash freeze? From a non-trader's perspective it's as if they do whatever they like.

luriel on May 23, 2012 [–]

It might look like they do whatever they like because pretty much they do whatever they like.

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