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IPFS News Link • Housing

Fannie And Freddie To Delist From The NYSE

06-16-2010 • ZeroHedge.com

The two stocks that have been a perennial churn magnet for every liquidity-rebate collecting, and predatory HFT algorithm in existence, and on occasion have amounted to 20% of total market volume, have been halted and are announcing their intention to delist from the NYSE after receiving a directive from the FHFA. Look for some really strange market behavior today as quants have to gut and completely recalibrate their signals.

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Reported By Jack Gregson

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