A very rough start to the week for the markets. This story has a good round up of the bigger picture around the globe and unsurprisingly, coronavirus is at the root of this.
Circuit breakers are doing overtime. They better got some spares knocking about…!
I wonder if there’s a chance they’ll have to close the stock markets if the pandemic gets worse. How many traders are there on site who can’t work remotely?
I expect the exchanges business continuity plans for this type of situation and I get the impression that the traders on site are window dressing really. There’s a good story on this here -
Here’s the history -