Jul 12th, 23:04 system announcement
by Unoti Quonset

NDX: UPDATE: Temporary trading halt REMOVED - 07/12/2007 - 11:15PM

The system has temporarily suspended trading on NDX due to price fluctuation. Trading is scheduled to resume at next market open.

UPDATE: 11:15PM SLT - Automatic BREAKER Overridden - See Explanation below.

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Today, 21:49
Maisha Slade
Re: Official weekly update ?

(snip) /BB...
I'm a bit annoyed at the lack of a breaker on the stock. I'm aware the entire stock drop didn't happen all at once, but within two days it's dropped from 3.92 to 1. I don't know when the breakers shoulda kicked in.

Reply
Today, 23:06
Bogart Beck Re: Official weekly update ?
Edited by author Today, 23:17

Maisha,

I just checked the breakers... it tripped as it should at the threshold that was set.

I should say that they are designed to allow an ORDERLY market to persist (even if stock is trending down considerably). It WILL trip if it sees a sudden GAP Up or GAP down or if certain % traps are crossed.

Nonetheless, they ARE working ;-) Seeing as I tripped the breaker INTENTIONALLY I will REMOVE the HALT and continue to allow the market to do its thing.

Bo