Instinet's Global Trading Research Group: Flash Crash Retrospective: Limit Up-Limit Down is the Best Response

Please click here to download  the most recent piece from Instinet's Global Trading Research group. In this one, Alison Crosthwait (Director, Global Trading Strategy), examines how the various market-wide and venue-specific price control mechanisms performed/would have performed in the mini ETF flash crash on March 31st.