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  #1  
Old 07-24-2007, 03:45 PM
DJSHAD0W DJSHAD0W is offline
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Default Curbs in Effect / Stockmarket

Can anyone explain what these "curbs" do? (such as late afternoon today)
Des this limit shortselling or automated trading programs or WTF? (or does that meanthe stock market is rigged too [img]/images/graemlins/wink.gif[/img] )
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  #2  
Old 07-24-2007, 08:24 PM
pig4bill pig4bill is offline
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Default Re: Curbs in Effect / Stockmarket

Automated trading.
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  #3  
Old 07-24-2007, 09:35 PM
ahnuld ahnuld is offline
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Default Re: Curbs in Effect / Stockmarket

from investopedia:

When the "curbs are in" at the NYSE, it means that certain types of trading are restricted to prevent volatility. Depending on the situation, this can mean that either all trading is halted or that certain sales can be executed only on an uptick. This kind of rule was implemented after the crash of 1987 (Black Monday), as program trading was thought to be a primary cause of the drop.
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Old 07-24-2007, 09:51 PM
DJSHAD0W DJSHAD0W is offline
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Default Re: Curbs in Effect / Stockmarket

[ QUOTE ]
from investopedia:

When the "curbs are in" at the NYSE, it means that certain types of trading are restricted to prevent volatility. Depending on the situation, this can mean that either all trading is halted or that certain sales can be executed only on an uptick. This kind of rule was implemented after the crash of 1987 (Black Monday), as program trading was thought to be a primary cause of the drop.

[/ QUOTE ]

Well TYVVM
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