Nov. 14, 2006 — In the early hours Monday morning, the Chicago Board of Trade 100 oz gold dropped $23 in what appears to be another case of an order being placed in an illiquid market initiating stop orders.
More than 1,000 gold contracts traded in the one-minute period from 5:38 to 5:29 a.m. Volume during that time typically ranged from 10 to 50 contracts per minute.
Stock market tests last Friday’s low and recovers
Major indexes closed mixed again Wednesday with marginally positive bias.
ProShares launches ETF that targets highly rated corporate bonds
The ETF invests in covered bonds, a type of collateralized corporate debt typically issued by non-U.S. financial institutions.
Euro sinks to lowest since 2010 as stocks, commodities tumble
The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union.
Crude options volatility rises as futures near $90 a barrel
Crude-oil options volatility rose for the first time in three days as underlying futures slipped below $90 a barrel.
