Odds of futures market closing?

[mauzj]

On Friday, and in today's Sunday Papers, there were stories that the stock markets may be forced to close for a week or two.

Has this happened in the past? If so....

- Do they give prior warning of the closure, in order to allow traders to close their positions, or do they just announce it suddenly?

- If there's a closure of stock markets, will the futures markets be forced to close as well?

 

[arabianights]

They didn't shut the dow futures when the NYSE was shut by Mr. Bin Laden and friends.

I would expect any announcement to be sudden.

 

[A Dashing Blade]

Hong Kong closed for a week or so in 1987 after the crash, Russia just closed for 3-4 days.

 

[new_trader]

It would be an utter disaster if they did!! Banning short-sales didn't fix things, pumping $£Billions into the banking system didn't fix things, printing money and lowering interest rates didn't fix things and closing the markets won't fix things either. I wish the people in charge of "fixing" things would listen to Jim Rogers!

To me, closing the markets would be like locking people who are trying to escape inside a burning building until they stop panicking....what happens the second you open the doors??

 

[trader_dante]

To me, closing the markets would be like locking people who are trying to escape inside a burning building until they stop panicking....what happens the second you open the doors??

Everyones dead?

 

[fantastic4]

How hedge funds get the money to pay their margin calls if the market were shut?

 

[arabianights]

Close their eyes an dpray?

 

[1Pipped]

Dead but still wearing watches and jewellery? and the doors are now open you say hmmm? hmmm!

 

[new_trader]

How hedge funds get the money to pay their margin calls if the market were shut?

For those that are not capable there is welfare and even charity

 

[PKFFW]

For those that are not capable there is welfare and even charity

So you agree they at least wouldn't be cold and hungry hey?