Friday, October 21, 2011

On A Long Enough Timeline, Every CNBC Million Dollar Challenge Is Front Run To Smithereens

First, the algos took over the real markets. Now, they control the fake ones too...







Trading in CNBC's Million Dollar Portfolio Challenge was suspended as of close of trading today at 4:00 p.m. ET for one week.

It came to our attention that there was a technical glitch in the current equity trading system, which a handful of players found and exploited to jump to the top of the leaderboard. The contest accidentally allowed what our rules specifically prohibited.

Out of

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