You may have noticed some flow trades have a red line running across the entire line of data.
What does it mean when a flow trade has been crossed out in red?
6/14/2022
Per the SEC:
"the nullification or modification of transactions may be necessary for the maintenance of a fair and orderly market or the protection of investors and the public interest exist".
The SEC cites "verifiable systems disruptions and malfunctions" as a condition in which designated Trade Officials (employees/officers of the respective exchange) may act to review potentially erroneous transactions. This action must be initiated within 60 minutes of the original transaction.
Approximately 250 - 500 trades are nullified/modified daily. This is a normal occurrence.
Trades that have been reported as 'nullified' (cancelled) or 'modified' will be crossed out in red at the time that the nullification has been reported. Until then the trade will appear on the flow feed normally.
Trades that are 'modified' will be crossed out in red, with the resulting modification reported to the tape at the time it takes place. The resulting modified trade will (unfortunately) not have any labels to distinguish it as such.
FEATURED NEWS
Iran has said: Will develop a nuclear bomb if attacked
4/2/2025 Elon Musk says the US government “deleted a terabyte of financial data to cover their crimes"
4/2/2025 Democratic Senator Cory Booker has now broken the record for the longest ever speech in the Sen...
4/2/2025 81% of millennials have said they can’t afford to have a midlife crisis
4/1/2025
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.