That’s what I thought ...after 2:30 there is no halt to trading.
Gov. PPT buying in with your money.
The Dow plunged Thursday amid buzz in the market that European banks have halted lending.
One trader, on the condition of anonymity, said he heard fixed income desks in Europe shut down early because there was no liquidity basically European banks are halting lending right now.
“This is similar to what took place pre-Lehman Brothers,” the trader said.
http://www.cnbc.com/id/36988229
As I understand it there would be a 1 hour halt if DOW lost 10% of it’s value from the start of this quarter (about 1100 points) prior to 2:30pm.
After 2:30pm it would need to lose 20% (about 2200) to cause a halt in trading.