It appears Rule 575 is having an impact today. Quietly this morning, CBOE traders were told at 1027ET that the S&P 500 index was “currently unavailable for trading.” As the following chart shows, this halted a drop in the market and instantly enabled a levitation to near the day’s highs. Unrigged?
This happens…
Shit’s broke….. http://ift.tt/1y6SSWe
— Market Plunger (@MarketPlunger) September 15, 2014
And then this happens…
It appears Rule 575 is really messing things up for the high-beta chasers…
via Zero Hedge http://ift.tt/1qZihfy Tyler Durden