They also could have sold other products, like stock index futures.
The closing price of stock index futures on Friday was too low, according to experts in that market.
Instead, the value of the stock index futures rose in recent days.
Applications for stock index futures were put on hold after that.
Nine months ago trading began in stock index futures, and after a slow start the idea has caught on.
They see stock index futures as the only way to manage the risk.
In the 1980's, it was similarly slow to get into stock index futures.
P. 500 stock index future, which would have risen in value.
High on the list of the accused are stock index futures "program traders."
A. We wouldn't have entered that day with margins of 2.2 percent on stock index futures.
They also could have sold other products, like stock index futures.
But especially helpful was a sharp jump in the price of stock index futures.
The closing price of stock index futures on Friday was too low, according to experts in that market.
Instead, the value of the stock index futures rose in recent days.
Applications for stock index futures were put on hold after that.
Nine months ago trading began in stock index futures, and after a slow start the idea has caught on.
They see stock index futures as the only way to manage the risk.
In the 1980's, it was similarly slow to get into stock index futures.
P. 500 stock index future, which would have risen in value.
A. We wouldn't have entered that day with margins of 2.2 percent on stock index futures.