Regolamentazione dei mercati · 29/10/19971 min di lettura
CBT Proposed Amendments to the Circuit Breaker Trading Halt Reopening Provision for the Dow Jones Industrial Average Futures Contract
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Riepilogo
The CBT proposes to amend its procedure for reopening trading in its Dow Jones Industrial Average (DJIA) futures contract following a circuit breaker trading halt. Under the proposal, trading would resume after trading in the underlying securities market has reopened and the CBT Executive Committee has determined to resume futures trading. Under current rules, after a trading halt, futures trading resumes when trading in the underlying securities market has reopened and 50 percent of the DJIA stocks, according to capitalization, have reopened. The Acting Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposal for comment is in the public interest, will assist the Commission in considering the views of interested persons, and is consistent with the purposes of the Commodity Exchange Act.