Traders were left sitting idle on December 17th, as Canada's main stock exchange, the Toronto Stock Exchange, and it's young disciple, the TSX Venture exchange decided to take the day off. The pair reportedly left the building after spending eighteen minutes on the job. Rumor has it that the TSX took the junior exchange to the clinic, while others report that the two simply went home.
The holidays do tend to be a stressful time of year for a lot of people. This year, it's combined with the stress of a severe decline in both the stock markets, frozen credit markets, and commodity markets that have seen their own bubble form and pop. It also seems entirely plausible that the entire shutdown was a stress related event.
Other speculators suggest that the pair leaving together seemed to indicate a family emergency. Both exchanges were on time and ready to get to work the following day. The cause of their sudden disappearance however remains a mystery as people have been reluctant to inquire, fearing another down day.
No comments:
Post a Comment