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Temporary trade restrictions at Stockholm SE

Published fredag 10 oktober 2008 kl 10.18
Down, down, down...

The Stockholm Stock Exchange recorded yet another day of heavy losses on Friday. As trading started, the main index took a plunge of more than eight percent. Because of the continuing turbulences the stock exchange temporarily imposed so-called fixed market regulations to prevent a free fall of stocks. The restrictions were lifted a few hours later when trading appeared less chaotic.

A stock exchange spokesman said similar emergency steps had been taken after the terror attacks of 9/11 in 2001 and the London bombings of July 2005.

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