I am still on the email list for the Chicago Mercantile Exchange’s emergency notices. I just got this:
Please be advised that the CME Global Command Center (GCC) will be continuously and actively monitoring for market impacts related to the upcoming Brexit vote in the UK, and will take any action it deems necessary, in its sole discretion, to preserve market integrity in accordance with Rule 579. These actions may include modifying parameters in several functionalities, including price bands, Velocity Logic, Messaging Efficiency Program, and special price fluctuation limits ahead of the pending vote.
Pardon me if I’m not exactly CONSOLED.
I remember what the CME Group did to the MF Global Clients.
But, if you’re still in the markets at long last, you deserve whatever befalls you.
Anyway, thought you might find this… interesting. As in Chinese curse interesting.