ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
Investing Videos 424 videos
What is Devaluation? The process by which a nation deliberately lowers the value of its currency relative to other international currencies is call...
What is the Advance Decline Ratio? The advance decline ratio is used to determine how the market performed on a given day. It does this by comparin...
What is speculation? Speculation refers to a high risk, high reward scenario in investing. When an investor engages in a speculation, they take on...
Finance: What is the Fast Market Rule? 11 Views
Share It!
Description:
What is the Fast Market Rule? The fast market rule is something that is used in the U.K. to keep the market under control when any sort of crash happens. It allows big traders and firms to trade outside of quoted trading ranges so that huge changes in price do not have as big of an effect.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Bonds
- Terms and Concepts / Careers
- Terms and Concepts / Charts
- Terms and Concepts / Econ
- Terms and Concepts / Financial Theory
- Terms and Concepts / Investing
- Terms and Concepts / Metrics
- Terms and Concepts / Stocks
- Terms and Concepts / Tech
- Terms and Concepts / Trading
Transcript
- 00:00
Finance a la shmoop what is the fast market rule? okay things get crazy here [Two guys riding a rollercoaster]
- 00:08
whoa and every now and then there's a leap well blimey, that's how things work
- 00:14
here on the London Stock Exchange.....
- 00:18
the fast market rule accommodates the chaos by giving brokers and other market
- 00:23
makers the freedom to trade outside the ranges published to the exchange why is
Full Transcript
- 00:28
this needed? well because we live in a world of robots and artificial
- 00:33
intelligence and fat thumbs that hit the wrong keys and hackers from Russia China
- 00:38
and Mars all of whom can profit from chaotic disruption if you want to see
- 00:44
this phenomenon in its finest form well check out Jack Nicholson in the original [Man stood next to Jack Nicholson as Joker]
- 00:48
Batman movie and that was the best one so the logic revolves around the fact
- 00:51
that today even with all our massive computing power we would still rather
- 00:56
rely on human beings when you know the congressman hits the fan then assume
- 01:01
that a computer will be clever enough to figure out what's wrong quickly you know
- 01:06
when the world is on a collision course with chaos all over the place fast [Meteor strikes Earth]
- 01:10
market rule, humans over robots...
Related Videos
GED Social Studies 1.1 Civics and Government
What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...
What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...
How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...