posted on Jul, 8 2015 @ 02:16 PM
a reply to: St Udio
I voiced this element of the NYSE problem:
...blocks of shares by institutions are the most affected... those are the types of market
movements which cause the herd mind to react as a group...
as it turns out the institutions and Funds (the large blocks of stocks buyers/traders)
will be in dire straits IF the stock exchanges cannot make a closing market (in actual real time) for the rebalancing of the S&P 500 index of stocks
due this day...
if the funds/institutions/hedge fund managers have to rely on the 11AM price disclosures.... that factor will SKEW the rebalancing of the S&P 500
index ---to everyone's disadvantage
it ain't a "no-foul - no harm" event about the missing 3 1/2 hours of a distorted market trading day !
billions are in the balance unless people or HFT programs cannot make up-to-date orders for buy-sell..
all of which suggests to me the Chinese/NKs/hostiles are creating the NYSE mess for western predators messing with China's stock market---pay backs
are 'ell eh ?
in a final thought... the credibility of the exchange is in the balance right now.... the system does not want the masses thinking that 'price
' might be skewed and that's what all the delay was about...
but let me remind the readers at ATS anyhow (a small population in comparison to the investment class) that real/ true Price Discovery
been the rule for the LIBOR (proven fact !) nor the 'illegal short' manipulations on the COMEX ~ PMetals futures (unproven so far) for more years than
can be revealed.....
so the NYSE rush to fix today's 'glitch' so that True 'Price Discovery
' can be made is mostly just Theatrics (imho)
edit on th31143638388908312015 by St Udio because: (no reason given)