This page has been archived and commenting is disabled.
Rule 48 Invoked, Time For NYSE To Make This Permanent Whenever VIX Is Over 30

- 6109 reads
- Printer-friendly version
- Send to friend
- advertisements -
This page has been archived and commenting is disabled.

- advertisements -
is ZH hosting their website on the NYSE server?
i think they figure if people are trading, their people get the morning off.
That should confuse the computers while they are flash crashing all day
Businessweek explains...
"Rule 48 suspends the requirement for market makers to send pre-opening indications, or bid and ask prices developing in auctions used to determine a stock’s opening price. The regulation is used “only in those situations where the potential for extremely high market-wide volatility would likely impair floor-wide operations at the exchange,” NYSE Euronext said in an e-mail today."
Wonder if they shut down tha HFT Boyz...
GS needs more time to get on the right side of the action.
well, they just released rosey SP targets out 18 mo, so i'm sure they're JACKED short the market... this is just their friends at nyse expediting the trading profits.
Indeed
HA!
Nice call man.
Only so many rats can fit through the exit door at any one moment.
Rule 48 means the fat rats are allowed out first before the ordinary rats get their chance at salvation before the Titanic slips beneath the waves.
your right I got it backwards - but are there actual people trading this market ?
Plenty of people are trading but only fools are investing.
can you hear that?
liquidity being sucked out of the market.
I was wondering why my ears just popped.
That elevator drop is a bitch.
Is there a historical precedent here? I am wondering how unusual this event is...or how bad an omen it might be.
4th time recently.
What a crock of shit! Its ok for the computers to bang you all day long, unless they need a time out.
GAME OVER bitches
We believe in free markets except for when we don't.
When I'm winning we can play. When I'm losing we have to have a time out. Agreed. Ok go.
Takes a few minutes to re-align the skynet algo's when actual sellers show up.
nice
Wait a sec, so the markets are more corrupt than they already are... Don't believe it
In Putin Russia, Ponzi market open you!
LOL
Looking at the new pictures of the oil leak, it looks like its worse now.
Source?
"All animals are equal, but some animals are more equal than others."
I think I'm going to read animal farm again because of this comment. I bet it applies better now than it did in 1995 when I last read it.
Market maker punks are allowed to run to the exit first, ladies and kids first you punks.
Bids and offers on SP emini are in the hundreds - expect a "rally".
.
Down 174 at the opening.
You can sure see in the Time & Sales how they dial back the speed. It's like slow motion, to hold off any real selling. Hey thats manipulation.
We are getting some odd bounces for such a dismal report. Either the Algos are putting up a fight, or every CNBC employee was ordered to double down going long.
the euro is at 1.203 and the gold prices is bouncing like a rabbits heart beat.
VIX is hovering around 32. I was expecting a much bigger spike.
Eurozone default risks don't matter today?
CNBC its either "off the lows of the day" or buy the bottom bounce . There is no down direction in their vocabulary....Waterboard 'em I say.
The PPT in full effect. Yeahhhhh boyyyyy!
/sarcasm off. For those fuckheads that don't get it.