NASDAQ and the Sniper, from Nick White
NASDAQ TO CANCEL ALL TRADES GREATER OR greater than or less than 60% away from the last printed price prior to 2:40 pm eastern time, up to 3 p.m.
Recall my comment on snipers the other day… This seems to be a classic example of my friend's observation of the enemy sneaking behind you to put the revolver against your head while one is busy staring through the scope.