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?
Â
This happens…
Â
Shit’s broke….. pic.twitter.com/audYGq6AZ0
— Market Plunger (@MarketPlunger) September 15, 2014
Â
And then this happens…
Â
It appears Rule 575 is having an impact today
Â