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Will a circuit breaker cause a halt in trading on NYSE on or before Sept 1,2008?

Settled as No

There has been no instance of a halt in trading due to a circuit breaker problem, or indeed, any other reason.

Suspension date reset to 4 PM Friday, as that is when trading on the NYSE ended.

Background:

http://www.nyse.com/press/circuit_breakers.html

circuit breakers are activated when the dow jones industrial average drops by 10%, 20%, and 30%...currently the 10% level is at 1350 but changes each quarter....with all the turmoil lately will the market have a meltdown?
 
Forecast history, %
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Settled

Yes
3%
No
97%
Activity: H$26,378
Settled as No on last Monday 2:23pm PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source...trading must be halted as a result of a drop in DJIA...some glitch does not count

Suspend date: last Monday 6:59am PDT

Settlement date: last Monday 2:23pm PDT

Prediction cut-off: Predictions on this question after Fri 29th Aug 12:59pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 15%

Action history:

Created Tue 18th Mar 6pm PDT by pics4d
Edited Fri 11th Apr 1:48pm PDT by andrew
Suspended last Saturday 4:08am PDT by bayoubear[Admin]: Since trading has ended on August 29 and won't reopen until September 2, this question should be suspended. There will be no more trading to be 'halted' for any reason before 9/1/08
Settled as 'No' last Monday 2:23pm PDT by bayoubear[Admin]: There has been no instance of a halt in trading due to a circuit breaker problem, or indeed, any other reason.

Suspension date reset to 4 PM Friday, as that is when trading on the NYSE ended.
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source...trading must be halted as a result of a drop in DJIA...some glitch does not count... read all

 

Predictions (51)

51 predictions

1 week ago
talkinggoat predicted No (H$4,906 at 97%)
1 week ago
djmassey predicted No (H$100 at 96%)
1 week ago
chett predicted No (H$20 at 96%)
1 week ago
gadget666 predicted No (H$100 at 96%)

Comments (2)

  1 pixelpaws
Just an update on this: the 10% level for the third quarter is listed as 1,200 points.
posted 3 weeks ago
  2 bayoubear[Admin]
Settlement time was adjusted to the close of business on Friday, August 29. There would be no trading after that time prior to September, so any additional wagers should not be allowed.
posted 3 days ago

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