Silvergold.forumotion.com
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Log in

I forgot my password

Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» we made the news
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 5:45 pm by centralPA

» going over old times
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 1:17 pm by Dirtbikepilot

» Hi I'm Blythe and new to this site
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 12:20 pm by Dirtbikepilot

» Hi-Jacked Thread
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 12:00 pm by Dirtbikepilot

» Never say die.
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 11:54 am by Dirtbikepilot

» Peace and quiet.
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Apr 22, 2015 11:44 am by Dirtbikepilot

» Christmas cheer
Breaking: NYSE Invokes Rule 48 I_icon_minitimeWed Dec 25, 2013 2:15 am by alexisio

» we lost the mayor race
Breaking: NYSE Invokes Rule 48 I_icon_minitimeMon Dec 02, 2013 11:31 am by Dirtbikepilot

» Dear Diary
Breaking: NYSE Invokes Rule 48 I_icon_minitimeSun Oct 20, 2013 6:45 am by alexisio

March 2024
MonTueWedThuFriSatSun
    123
45678910
11121314151617
18192021222324
25262728293031

Calendar Calendar

Affiliates
free forum


Breaking: NYSE Invokes Rule 48

2 posters

Go down

Breaking: NYSE Invokes Rule 48 Empty Breaking: NYSE Invokes Rule 48

Post by Dirtbikepilot Fri Jun 01, 2012 4:14 pm

With indications that the Dow will open more than 170 points lower, the NYSE has invoked Rule 48.


Specifically,
the NYSE and NYSE MKT cash equities exchanges will invoke Rule 48 for
this morning's opening. Mandatory opening indications are therefore not
required. Overview of Rule 48:.
Rule 48 provides the Exchange
with the ability to suspend the requirement to disseminate price
indications and obtain Floor Official approval prior to the opening when
extremely high market-wide volatility could cause Floor-wide delays in
opening of securities on the Exchange.


Rule 48
is intended to be invoked only in those situations where the potential
for extreme market volatility would likely impair Floor-wide operations
at the Exchange by impeding the fair and orderly opening of securities.
Accordingly, the rule sets forth a number of factors to be considered
before declaring such a condition, including:


Volatility during the previous day’s trading session;
Trading in foreign markets before the open;
Substantial activity in the futures market before the open;
The volume of pre-opening indications of interest;
Evidence of pre-opening significant order imbalances across the market;
Government announcements;
News and corporate events; and,
Any such other market conditions that could impact Floor-wide trading conditions.

http://www.economicpolicyjournal.com/2012/06/breaking-nyse-invokes-rule-48.html
Dirtbikepilot
Dirtbikepilot

Posts : 870
Join date : 2012-05-02
Location : Hunter Valley

http://www.hasbro.com/playskool/en_US/mrpotatohead/

Back to top Go down

Breaking: NYSE Invokes Rule 48 Empty Re: Breaking: NYSE Invokes Rule 48

Post by Dirtbikepilot Sat Jun 02, 2012 2:53 am

For the past 200+ years the New York Stock Exchange has managed without such rules.
It would appear they see what is coming and putting into place strategies/new rules to
protect themselves from the inevitable. The introduction of such things should sound
warning bells to investors of what may be on the horizon.
Dirtbikepilot
Dirtbikepilot

Posts : 870
Join date : 2012-05-02
Location : Hunter Valley

http://www.hasbro.com/playskool/en_US/mrpotatohead/

Back to top Go down

Breaking: NYSE Invokes Rule 48 Empty Re: Breaking: NYSE Invokes Rule 48

Post by Apocalypse prettysoon Sat Jun 02, 2012 4:33 am

yes good post DBP
Also when silver was on a roll last time they raised the margin to pull the rug out from it.
Then recently put the rug back by lowering them, I think around 7 weeks ago.
So I assume we will see a repeat scenario soon.
Apocalypse prettysoon
Apocalypse prettysoon

Posts : 378
Join date : 2012-05-03
Location : NSW

Back to top Go down

Breaking: NYSE Invokes Rule 48 Empty Re: Breaking: NYSE Invokes Rule 48

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum