<b>What are the new curb settings- Anyone know?</b> I'm referring to the program trading curbs that kick in when the NYA is down big ( NYA -180 or -190 last quarter)... <b>not</b> the crash circuit breakers for <b>massive</b> down days, which is something else entirely.
Ok, let's do it this way: First one to post a link with the correct answer gets $20 paypaled to the email address of his choosing. If you post it first, just PM me the email address you want me to pay.
curbs? what are those? http://www.traderslaboratory.com/forums/f96/nyse-trading-curbs-eliminated-2722.html
well, let's hope the relays work. http://www.cme.com/trading/files/EquityIndexPriceLimitGuide.pdf http://www.programtrading.com/curbs.htm http://invest-faq.com/articles/exch-circuit-brkr.html
I thought they did away with curbs in Nov 07... Edited: Here: http://www.bloomberg.com/apps/news?pid=20601087&sid=ahZh1lKYXD8w
God Fucking Damn It! There goes one of my all time favorite edges! Now that it's been rendered completely useless, here you go: Whenever you got a sharp spike down to the curb level, you could buy the shit out of spooz the second the curbs kicked in. Market would bounce from that point (at least a little bit), like 90% of the time, maybe more. It was easy money for years. DTrader- I do still owe you $20. Just let me know where to send it...