From Recaps Comment Section:
truthseeker2 said:I'll keep this simple.
"technical glitch" translates to value adjustment(new system) Indefinitely means till this RV's....
I knew they were going to have to cancel all orders just before the RV...Too much money at stake to lose. This is just another heads up that the RV is at the door.
If prices of Future contracts gapped too much...it would be a blood bath.
This is why Forex traders close out their trades before any Big Economic News is released (at least the smart ones)
Ghost: Every day, including Birthdays, experienced on the green side of the Grass is a good day.
IF I were able to speak for OKie. (and even as a Ghost I am not) Okie would Say" Thank-you for the Birthday greetings. 'Nuff Said
CME HALTS ALL TRADE.Posted by Richard love on August 24, 2014 at 7:52pm
Hi folks, just read on zerohedge that the cme has halted all trading and cannot say when it will come back online,just cut this bit out for you to read, ......CME confirms all Futures products will have a delayed opening due to technical issues with NO estimated opening time. Something's happening, hope its good.
Keith Carr August 24, 2014 at 9:07pm I believe I read somewhere that Iraqi bonds were to be a tradeable instrument in Chicago so very likely that would involve the Chicago mercantile Exchange. Possible anyway...
wilbur grodan August 24, 2014 at 9:10pm GLOBEX/COMEX TO REOPEN AT 2100CST
Dave August 24, 2014 at 9:09pm Bloomberg just said all markets shut down on the cme. Tech glitch
Nevada Joe August 24, 2014 at 9:01pm squatchy posted we should see this on forex around 1:30EST. Lines up with everything.
J Dan Gregg > Nevada Joe August 24, 2014 at 9:07pm He seemed very sure of this the other day. Praying that he and EXO are right. My banking connection has been in vacation for the last 2 weeks. Can't get him/her to even check their work email, said they were avoiding the insanity.
kaydondada > Nevada Joe August 24, 2014 at 9:05pm Is that 1:30am or 1:30pm tomorrow
wilbur grodan > kaydondada August 24, 2014 at 9:17pm Tonight or earlier if this COMEX shutdown is the adjustment CME GLOBEX to open at 9PM central
INTEL CLUES & IMAGES 8:37 PM EST
Posted by EXOGEN on August 24, 2014 at 8:37pm
Susan A. S. August 24, 2014 at 9:37pm The 'system' is 'on' at the Chicago Mercantile Exchange right now. The final countdown is happening. Are you ready? The finishing touches are being placed on the Christmas tree. We are looking, and we are now able to see Santa and his sleigh riding across the sky. God's blessing is here. God has favored us. We have made it. The storm is over now. We look to God. His eye is on the sparrow, and I know He's watching over me (all of us). It is one sweet day. We will be able to heal the world. We are the brand new 'heavies'.
EXOGEN August 24, 2014 at 10:04pm
BLOOMBERG BREAKING NEWS: CME Halts Electronic Trade on Futures From Oil to S&P 500
Posted by EXOGEN on August 24, 2014 at 10:02pm
CME Halts Electronic Trade on Futures From Oil to S&P 500
By Adam Haigh and Phoebe Sedgman Aug 24, 2014 9:08 PM ET
The Chicago Mercantile Exchange halted electronic futures trading due to technical issues, affecting contracts from U.S. stock-indexes to Treasuries, oil, gold and copper traded on CME Group Inc. (CME)’s Globex platform.
CME Group, the world’s largest futures market, suspended the start of trading on all of its Globex electronic-trading markets except for Malaysian equity-index derivatives, according to its website. Trading will open at 9 p.m. Chicago time, the bourse said in a later update. Dozens of commodities from corn to West Texas Intermediate crude change hands on the all-electronic Globex platform that begins on Sunday nights in the U.S., as well as contracts on interest rates and stock indexes.
“The biggest problem you might have is with some of the agricultural products because people rely on it quite heavily,” Jonathan Barratt, the chief investment officer at Ayers Alliance Securities in Sydney, said by phone today. “You’re taking away a risk transfer mechanism that people rely on.”
Asset classes where there is also a spot market, such as precious metals, are less affected, Barratt said. Investors can trade spot gold, silver, platinum and palladium in London while those in China, the world’s largest consumer and producer, can trade bullion on both the Shanghai Gold Exchange and Shanghai Futures Exchange.
The CME has mostly avoided the larger market structure breakdowns that plagued U.S. equity venues over the last five years, though a futures contract traded on its platform was identified by regulators as helping precipitate the flash crash in May 2010. In the stock market, U.S. Securities and Exchange Commission Chairman Mary Jo White has demanded infrastructure and procedural improvements as a way to restore investor confidence.
“Updates will be provided as they become available,” Laurie Bischel, a Chicago-based spokeswoman at CME, said in an e-mailed response to a request for more information about the current outage.
U.S. futures trading in everything from stocks to bonds, energy and agricultural products is dominated by the CME and InterContinental Exchange Inc., which last year bought the New York Stock Exchange. CME Group said in a press release earlier this month that open interest across asset classes reached a record 103.4 million positions on Aug. 7. Average volume for August was 14 million contracts at that date, up 33 percent from the year-earlier period.
Traders use futures to speculate on price direction in underlying assets and carry out hedging strategies. For instance, an investor who holds individual stocks or exchange-traded funds might sell a Standard & Poor’s 500 Index (SPX) contract to protect against losses from broad market moves.
The CME is the place where investors trade the most WTI crude and Henry Hub natural gas contracts, the U.S. benchmarks. About 500,000 crude contracts and 300,000 gas futures are traded on average through the bourse every day. Brent, the grade for more than half of the world’s oil, is largely traded on the London-based ICE Futures Europe exchange.
For stock investors, the CME’s electronic venue enables the trading of futures on the S&P 500, the Dow Jones Industrial Average and the Nasdaq 100 Index, as well as contracts on Japan’s Nikkei 225 Stock Average and India’s CNX Nifty index. Among the most popular equity contracts is the so-called e-mini future on the S&P 500, which has seen about 1.5 million change hands daily on average in August.
Ali Jalai, a bond trader in Singapore at Scotiabank, said today’s outage on Treasury-futures trading hasn’t been a problem because trading on the underlying securities is thin. The lack of activity is being compounded because of a holiday today in the U.K., he said.
“The cash market is open, but nobody’s trading,” he said. “That shows you how little interest there is.”
The CME halted trading for some futures contracts for more than 90 minutes on April 8 due to “technical issues.” The error prevented futures and options transactions in products including corn, wheat, cattle and hogs. The Chicago-based company’s largest revenue-producing contracts, such as interest-rate and stock-index futures, weren’t affected.
To contact the reporters on this story: Adam Haigh in Sydney at email@example.com; Phoebe Sedgman in Melbourne at firstname.lastname@example.org
To contact the editors responsible for this story: Sarah McDonald at email@example.com John McCluskey
Speedy: Futures trading in Chicago shut down supposedly because of technical glitches, " ya right", George Soros and other big players left they're money in the Market over the weekend for a reason!!! I believe they shut it down to limit the damage and so others could readadjust they're holdings
[sonnyday] The information about what has happened behind the scenes as far as arrests are concerned has been very secretive and has yet to be confirmed. I have heard that as many as 500,000 cabal members have been processed through the World Court and have been escorted out of here. Sananda says that the RV will not take place until after NESARA is announced....from a friend who is pulling from different folks postings.
[sonnyday] The gcr, and prosperity packages, and the arrests will occur now. The gcr, and prosperity packages, and the arrests will occur now. The gcr, and prosperity packages, and the arrests will occur now. The gcr, and prosperity packages, and the arrests will occur now. Zap
8/24/2014 Aajl..Abadi tomorrow hold his first news conference after his appointment Monday >>>> Sunday, 24 August / August 2014 22:21[Baghdad-where]Hold Prime Minister-designate Haider Abadi, a press conference on Monday is his first assignment after the formation of the next government. According to a brief statement of the Information Office of the Prime Minister-designate Agency has received all of Iraq [where] which he called "the media to gather to attend the conference near my channel [Jadiriya area south of Baghdad, at 9 o'clock and half of tomorrow morning."He said the "presence of a reporter and photographer to cover the conference."The Abadi was asked to form the next government in the 11 of August http://alliraqnews.com/index.php/2011-04-18-02-57-37/144715-2014-08-24-19-21-39.html
[BigEngine] A democratic government in the middle east wow.