Panel Buttresses Merc's View That Crash Wasn't Caused by Stock-Index Futures
Panel Buttresses Merc's View That Crash Wasn't Caused by Stock-Index Futures
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New York, N.Y: Dow Jones & Company Inc
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English
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New York, N.Y: Dow Jones & Company Inc
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The Merc panel concluded as well that raising margin payments on stock-index futures to the 50% level required for stock trading from about 10% currently "could have done more harm than good, reducing buy pressure in the futures market" on Oct. 19. Mr. Miller said the panel was divided on whether daily price limits, which have been temporarily plac...
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Panel Buttresses Merc's View That Crash Wasn't Caused by Stock-Index Futures
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TN_cdi_proquest_newspapers_398129420
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_newspapers_398129420
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0099-9660
