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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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20220402

Closure of the Exchange in an emergency

God Father

Senior Manager - Equity Analytics

Posts : 429
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Join date : 2019-03-23

Will SEC exercise its powers to close CSE next week?

Closure of the Exchange in an emergency Screen68

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Re: Closure of the Exchange in an emergency

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

Re: Closure of the Exchange in an emergency

Sun Apr 03, 2022 9:48 am by atuts

If they halt the market , it may impact Cse

reyaz likes this post

Re: Closure of the Exchange in an emergency

Sat Apr 16, 2022 1:33 am by target1

1.     From July 31, 1914, to Dec.15 1914
New York Stock Exchange closed from 31^st July 1914 to 28^th of November 1914 (the longest period in exchange history) until bonds began trading again. Stock trading re-opened 15^th of December 1914. Shares were not allowed to trade below closing prices of 30^th July of 1914. By 1^st 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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