Exact(16)
I'm going to buy some more futures".
That prompted portfolio insurers to sell more futures, making the sell-off even more severe.
With more futures products coming online, computer servers are taxed by added traffic.
Yet some say that London's cocoa market where speculators can punt on far more futures contracts than they can in New York might be an easier place to stage a bid for control.
As computers dictated that more and more futures be sold, the buyers of those futures not only insisted on sharply lower prices but also hedged their positions by selling the underlying stocks.
The problem was that the two markets acted on each other; as the futures price fell, so did the cash value of shares, forcing institutions to sell more futures and so on.
Similar(44)
Much more future-proof.
There's more future in that".
· Visit superplonk.com for more future excitements.
Thankfully, they have three more future millionaires: Harrison Barnes, Tyler Zeller, and John Henson.
Every Olympics from 1976 to 2004 produced two or more future champions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com