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FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Closure of the Exchange in an emergency

Closure of the Exchange in an emergency

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God Father

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Manager - Equity Analytics
Manager - Equity Analytics

Will SEC exercise its powers to close CSE next week?

Closure of the Exchange in an emergency Screen68

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Post Sun Apr 03, 2022 8:26 am by target1

It is a possibility. Remember how we escaped from the near bankruptcy thanks to action taken by SEC during covid-19 fire sales. Most probably market may close by Tuesday  if the  market mayhem persist on  Monday

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Post Sun Apr 03, 2022 9:48 am by atuts

If they halt the market , it may impact Cse

reyaz likes this post

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Post Sat Apr 16, 2022 1:33 am by target1

1.     From July 31, 1914, to Dec.15 1914
New York Stock Exchange closed from 31st July 1914 to 28th of November 1914 (the longest period in exchange history) until bonds began trading again. Stock trading re-opened 15th of December 1914. Shares were not allowed to trade below closing prices of 30th July of 1914. By 1st of April 1915, all trading was re-established without price limits.
 
2.    During devastating attack on the World Trade Center closed the exchange for more than 10 days.
 
3.    Greek stock market shut down for 5 weeks in 2015 during their economic crisis
 
4.       Probably, CSE may close for three months.



Last edited by target1 on Sat Apr 16, 2022 1:56 am; edited 1 time in total

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