Gold Trading Was Temporarily Halted On The CME This Morning

Gold Trading Was Temporarily Halted On The CME This Morning

From businessinsider.com

Gold trading was temporarily halted on the CME for 10 seconds this morning at 8:42 AM ET for a "stop logic event," according to Bloomberg. A big trade knocked $25 off the price of gold in a short, two-minute span, triggering the event. Stop Logic detects potential market movements caused by the triggering and trading of Stop orders where the resulting price move would extend beyond an exchange specified threshold. The triggering of Stop orders can potentially exaggerate price movements in temporarily illiquid markets. When triggered Stop orders attempt to move the market to an executing price beyond a ... (full story)

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Comment #1
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Oct 11, 2013 10:22am Oct 11, 2013 10:22am

Samand
| Joined May 2007 | Status: Member | 6 Comments

we were poor .

Comment #2
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Oct 11, 2013 10:59am Oct 11, 2013 10:59am

Closure
| Joined Aug 2013 | Status: Member | 26 Comments

Hmmm no wonder my order for squaring at 1266 dint go off even though price slid to around 1262. it was up at 1268 when the glitch was removed but thankfully it went down again to hit it.

Comment #3
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Oct 11, 2013 11:06am Oct 11, 2013 11:06am

Guest
| IP XXX.XXX.166.16

Who buys Gold anymore? That was so last year's trade. Sell all golf rallies for the next 17-years my little cicadas.

Comment #4
Quote
Oct 11, 2013 11:23am Oct 11, 2013 11:23am

Spreadbetter
| Membership Revoked | Joined Feb 2012 | 3235 Comments

Should we sell Volkswagen Beetles too, or is it just golfs that have poor residual values?

Quoting Guest

Disliked

Who buys Gold anymore? That was so last year's trade. Sell all golf rallies for the next 17-years my little cicadas.

Ignored

"The meek shall inherit the earth.." Yeah right, good luck with that shit..

Comment #5
Quote
Oct 11, 2013 11:28am Oct 11, 2013 11:28am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 3897 Comments

Quoting Guest

Disliked

Who buys Gold anymore? That was so last year's trade. Sell all golf rallies for the next 17-years my little cicadas.

Ignored

I wouldn't bet all my little chickens on that.
"Golf" is growing in popularity as the baby boomers look to keep themselves occupied.

Sell all Gold rallies into support, just as America morphs into a part time economy reliant upon "easing policies", (ie - print the sh!te out of the USD???)

I don't think sooooooo.......

Come with me if you want to live....

Comment #6
Quote
Oct 11, 2013 11:30am Oct 11, 2013 11:30am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 3897 Comments

Quoting Spreadbetter

Disliked

Should we sell Volkswagen Beetles too, or is it just golfs that have poor residual values?

Ignored

Damn it, I'm too slow to type on my phone.

Lol...

Come with me if you want to live....

Comment #7
Quote
Oct 11, 2013 12:48pm Oct 11, 2013 12:48pm

simply.monty
| Joined Mar 2012 | Status: Member | 249 Comments

sell gold, buy usd/chf, yahoooooooooooooooooooo

Comment #8
Quote
Oct 11, 2013 2:08pm Oct 11, 2013 2:08pm

Guest
| IP XXX.XX.45.44

Quoting Samand

Disliked

we were poor .

Ignored

I was almost poor coz fallin' of gold...

Story Stats

Posted: Oct 11, 2013 10:12am
Submitted by:
Newsstand

Category: Fundamental Analysis

Comments: 8 / Views: 3,804