This Is What Happens When The 'Unrigged' Market Breaks

Writer at ZeroHedge • Sep 15, 2014 at 2:17 PM EDT

It appears Rule 575 is having an impact today. Quietly this morning, CBOE traders were told at 1027ET that the S&P 500 index was "currently unavailable for trading." As the following chart shows, this halted a drop in the market and instantly enabled a levitation to near the day's highs.

It appears Rule 575 is having an impact today. Quietly this morning, CBOE traders were told at 1027ET that the S&P 500 index was "currently unavailable for trading." As the following chart shows, this halted a drop in the market and instantly enabled a levitation to near the day's highs. Unrigged?

This happens...

Shit's broke..... pic.twitter.com/audYGq6AZ0

— Market Plunger (@MarketPlunger) September 15, 2014

And then this happens...

It appears Rule 575 is really messing things up for the high-beta chasers...

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