This isn't the first time that Treasury futures have been halted (see also 08-Nov-2013 and 07-Jun-2013); however, before June 2013, this was an extremely rare event.
CLICK HERE TO READ THE FULL STORY
Treasuries Halted During NFP Release
On January 10, 2013, about 8/10ths of a second before the Labor
Department released the widely anticipated Employment Situation Report,
trading activity exploded in Treasury futures, sending the prices much
higher in less than 1/10th of a second. The buying activity overwhelmed
the 5-Year T-Note market causing a stop logic circuit breaker to trip
and shut down trading for 5 seconds. During the halt in 5-Year T-Note
futures, the news was officially released in Washington, D.C. - meaning
that anyone wanting to trade on that news, would have to wait until the
halt was lifted almost 4 seconds later (4,000,000 microseconds in high
frequency trading lingo).
This isn't the first time that Treasury futures have been halted (see also 08-Nov-2013 and 07-Jun-2013); however, before June 2013, this was an extremely rare event.
CLICK HERE TO READ THE FULL STORY
This isn't the first time that Treasury futures have been halted (see also 08-Nov-2013 and 07-Jun-2013); however, before June 2013, this was an extremely rare event.
CLICK HERE TO READ THE FULL STORY
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