MOST OF THE newspapers are focused on the terrorist so any business and personal finance news to speak of is relates to business affected by the bombings.
THE LONDON STOCK Exchange enacted emergency measures yesterday in the wake of record trading caused by the terrorist attacks on London, says the Daily Telegraph. Vast volumes of shares were trading down yesterday morning, so the LSE declared a "fast market" just before 11.30am so investment banks were told to turn off their "black box" computerised trading systems, which execute complex trading strategies without human intervention, and relieved City market makers of the requirement to quote two-way prices in shares. An exchange spokesman said: "We believe that the declaration of the ...
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