Posted by & filed under Governments & Regulators.

Description:  NYSE Euronext CEO, Duncan L. Niederauer, says his exchange slowed trades of stocks including 3M, Accenture and P&G during the 998 point drop.

Source:  CNNMoney.com – video report
 
Date: 05/07/2010

Link: http://money.cnn.com/video/markets/2010/05/06/mkts_nyse_ceo.cnnmoney/

Questions for discussion:

  • Summarize the description given of how the NYSE actually works in comparison to other competing markets.
  • Is there an inherent flaw in the design of trading during periods of high volatility?
  • Should anything else be done to deal with periods of volatility?

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