halt.01
frames- While program trades swiftly kicked in , [ARG0 a `` circuit breaker ''] that *T*-1 [rel halted] [ARG1 trading in stock futures in Chicago] made some program trading impossible .
- But like Mr. Egnuss , few expect [ARG1 it] to be [rel halted] *-1 [ARGM-ADV entirely] , and a surprising number doubt 0 it should be *?* .
- Also , the reforms allow [ARG0 the Big Board] to [rel halt] [ARG1 trading] [ARGM-TMP for one hour] [ARGM-ADV if the Dow Jones Industrial Average falls 250 points] , and for two more hours if the Dow slides an additional 150 points on the same day .
- On the other hand , Mr. Jennison noted that [ARG1 the recent slide in bank and thrift stocks] was [ARGM-DIS at least] [rel halted] *-1 [ARGM-TMP yesterday] .
- [ARG0 Congress] [ARGM-TMP temporarily] [rel halted] [ARG1 Mr. Thornburgh 's effort] with [ARG2-with an appropriation resolution that *T*-1 prohibited him from *-2 using budgeted funds *-3 to implement his plan] .
- GE 's Kidder Peabody unit said 0 it would stop *-1 doing stock-index arbitrage for its own account , while Merrill Lynch said 0 [ARG0 it] was [rel halting] [ARG1 such trading] [ARGM-ADV entirely] .
- She believes 0 [ARG0 the impact of losses from these catastrophes] is n't likely *-1 to [rel halt] [ARG1 the growth of the industry 's surplus capital] [ARGM-TMP next year] .
- [ARG0 The same roller-coaster prices] that *T*-1 [rel halted] [ARG1 U.S. oil exploration] and drove many veteran oil men and companies out of the business also played havoc with the nation 's inflation rate , the trade deficit and oil users ' corporate and personal budgets .
- People familiar with Monday 's board meeting said 0 it was the state 's refusal * to explicitly reaffirm the credit guarantees that *T*-1 led [ARG0 Union Bank and Postipankki] to [rel halt] [ARG1 lending to Waertsilae Marine] .
- In testimony to the Senate securities subcommittee , Mr. Brady disputed the view of SEC Chairman Richard Breeden , who *T*-1 told a House panel Wednesday that [ARG0 he] does n't want the ability * to [rel halt] [ARG1 the markets] .
- Securities and Exchange Commission Chairman Richard Breeden told a congressional subcommittee that he would consider *-1 imposing [ARG0 `` circuit breakers ''] * to [rel halt] [ARG1 program trading] [ARGM-TMP at volatile times] .
- SEC Chairman Breeden said 0 he would consider *-1 imposing `` [ARG0 circuit breakers] '' *-2 to [rel halt] [ARG1 program trading] [ARGM-TMP during sharp swings in the market] .
- [ARGM-TMP On that earlier day] , [ARG1 the stock 's trading] was [rel halted] *-1 [ARGM-TMP at a critical time] [ARGM-PNC so the specialists could catch their breath] .
- [ARG1 Trading in Cineplex Odeon Corp. shares] was [rel halted] *-1 [ARGM-LOC on the New York and Toronto stock exchanges] [ARGM-TMP late yesterday afternoon] [ARGM-CAU at the company 's request] , Toronto Stock Exchange officials said 0 *T*-2 .
- Cineplex traded on the New York Stock Exchange at $ 11.25 *U* a share , up $ 1.125 *U* , before [ARG1 trading] was [rel halted] *-1 .
- [ARGM-TMP At 10:33] , [ARGM-TMP when the S&P 500 December futures contract crunched to a 12-point loss under the force of sell programs *T*-4] , [ARG1 S&P futures trading] was [rel halted] *-1 and program trades on the Big Board were routed *-2 into a special computer that *T*-3 scans for order imbalances .
- Then they completed the other side of the trade by *-2 buying futures , [ARG0 which] *T*-1 [ARGM-MNR abruptly] [rel halted] [ARG1 the stock market 's decline] [ARGM-ADV as traders began *-3 to buy stocks] .
- Trade and Supply Minister Gerhard Briksa said in a letter published * in the youth daily Junge Welt that [ARG1 the rise in alcohol consumption in East Germany] had been [rel halted] *-1 ; but * to reduce it further , he said *T*-3 , production and supply of other beverages , including fruit juices , should be stepped *-2 up .
- The dispute started [ARGM-TMP when] [ARG0 China] , [ARGM-ADV angry that Hong Kong had allowed dissident swimmer Yang Yang to flee to the U.S.] , [rel halted] [ARG1 the usual daily transfer of illegal immigrants caught * in this British colony , which *T*-1 reverts to Beijing 's control in 1997] *T*-2 .
- Economists suggested that if the pound falls much below 2.90 marks , [ARG0 the government] will be forced *-1 to increase rates to 16 % , *-3 both to [rel halt] [ARG1 any further decline] and ensure that the balance of monetary policy remains unchanged .
- [ARGM-TMP When] [ARG0 they] [rel halt] [ARG1 trading] *T*-2 , all market liquidity is gone .
- Gold and silver broker Preston Semel asked [ARG0 a federal court] *-1 to [rel halt] [ARG1 the Commodity Exchange] from *-2 imposing a record $ 550,000 *U* fine on his firm .
- The lawsuit states that unless [ARG1 the sanctions] are [rel halted] *-1 [ARGM-ADV pending an appeal] , the broker and his firm `` will be irreparably injured *-3 and their business will be totally and permanently destroyed *-2 . ''
- [ARG0 The Soviet Union] has [rel halted] [ARG1 construction of two Chernobyl-type nuclear reactors] and is reassessing the future of 12 other existing reactors .
- Ford said yesterday 0 [ARG0 it] [ARGM-MOD will] [rel halt] [ARG1 imports of the Merkur Scorpio , a $ 28,000 *U* luxury sedan built * by Ford of Europe in West Germany] .
- The move [ARG0 *] to [rel halt] [ARG1 imports] -- announced * 29 years and 11 months to the day after Henry Ford II declared that the Edsel division and its gawky car would be scrapped *-1 -- kills the four-year-old Merkur brand in the U.S. market .
- Tom Schumacher , executive vice president and general manager of the California Trucking Association in Sacremento , said 0 his organization urged [ARG0 trucking firms] *-3 to [rel halt] [ARG1 all deliveries into the Bay area *ICH*-2] [ARGM-TMP yesterday] , except for emergency-medical supplies .
- [ARG0 The company] has long struggled *-1 to deliver a strong mainframe-class product , and made a costly decision *ICH*-2 in 1988 * to [rel halt] [ARG1 development of an interim product meant * to stem the revenue losses at the high end] .
- On Friday , the stock-index futures market was unhinged *-1 from the stock market [ARGM-TMP when] [ARG0 the Chicago Mercantile Exchange] [rel halted] [ARG1 trading in Standard & Poor 's 500 futures contract] *T*-2 -- a `` circuit breaker '' procedure instituted * after the 1987 crash and implemented * for the first time .
- [ARG0 St. Louis Southwestern Railway Co. unit] [rel halted] [ARG1 all service] [ARGM-TMP Tuesday night] but has since restored some freight lines and limited commuter service between San Francisco and San Jose .
- [ARG0 LSI LOGIC CORP. , Milpitas , maker of customized integrated circuits , annual sales of $ 550 million *U* , NYSE ,] has [rel halted] [ARG1 manufacturing] [ARGM-LOC at its three plants in the area] [ARGM-TMP while they are inspected *-1 for structural damage] .
- In addition , OEX options were suspended *-501 from trading last Friday afternoon , after the stock-market sell-off got under way and [ARG1 trading in the S&P-500 futures contract] was [rel halted] *-502 .
- In 1987 , [ARG0 the Supreme Court] attempted in McNally v. U.S. *-1 to [rel halt] [ARG1 the inexorable expansion of these statutes] [ARGM-MNR by * adopting a rule of strict construction for ambiguous criminal statues] .
- Hydro-Quebec said 0 [ARG0 Maine regulators ' refusal * to approve the contract earlier this year] [rel halted] [ARG1 work on transmission lines] and stopped negotiations for resale of electricity carried * through Maine to other utilities .
- Making matters worse was *T*-1 the fact that [ARGM-TMP late Friday afternoon] [ARG0 the CBOE] [rel halted] [ARG1 stock-index options trading] [ARGM-TMP in step with the Chicago Mercantile Exchange 's halt in stock-index futures] .
- News about UAL and AMR , whose shares *T*-2 never reopened after [ARG1 trading] was [rel halted] *-1 [ARGM-TMP Friday] [ARGM-CAU for the UAL announcement] , sent both stocks nosediving in composite trading on the New York Stock Exchange .
- [ARG1 Futures trading] , [ARGM-DIS however] , was [rel halted] *-1 [ARGM-ADV altogether] [ARGM-TMP at 3:45] , [ARGM-TMP after the futures markets had dropped an additional 30 points , which *T*-2 is the daily limit for price declines] .
- [ARG0 Synchronized circuit breakers] [ARGM-MOD would] [ARGM-NEG not] have [rel halted] [ARG1 the slide in prices on Friday] , but they probably would have made for smoother , less volatile executions .
- It 's time for [ARG0 the exchanges and the Securities and Exchange Commission] to agree on joint conditions for * [rel halting] [ARG1 trading] or staying open .
- After the 1987 plunge , markets agreed that it *EXP*-1 would be wise [ARG0 *] to [rel halt] [ARG1 trading] [ARGM-TMP whenever panic conditions arose *T*-2] .
- The carnage on the Chicago Board Options Exchange , the nation 's major options market , was heavy after [ARG1 the trading in S&P 100 stock-index options] was [rel halted] *-1 [ARGM-TMP Friday] .
- [ARGM-LOC In Tokyo] , [ARG1 trading] is [rel halted] *-1 [ARGM-TMP during lunchtime] .
- The carnage on the Chicago Board Options Exchange , the nation 's major options market , was heavy after [ARG1 the trading in S&P 100 stock-index options] was [rel halted] *-1 [ARGM-TMP Friday] .
- At 2:43 p.m. EDT , came the sickening news : [ARG0 The Big Board] was [rel halting] [ARG1 trading in UAL] , `` [ARGM-TMP pending news] . ''
- [ARGM-TMP When] [ARG1 trading *ICH*-3] was [rel halted] *-1 [ARGM-LOC in Philip Morris] *T*-2 , the stock was trading at 41 , down 3 3\/8 , while IBM closed 5 5\/8 lower at 102 .
- [ARGM-LOC Under an agreement signed * by the Big Board and the Chicago Mercantile Exchange] , [ARG1 trading] was [ARGM-TMP temporarily] [rel halted] *-1 [ARGM-LOC in Chicago] .
- [ARG0 This confusion] [ARGM-MNR effectively] [rel halted] [ARG1 one form of program trading , stock index arbitrage , that *T*-1 closely links the futures and stock markets , and has been blamed *T*-1 by some for the market 's big swings] .
- [ARG0 China , which *T*-1 had been putting in huge orders for polyethylene ,] [ARGM-MNR abruptly] [rel halted] [ARG1 them] .
- -- [ARGM-ADV If Dow Industrials fall 250 points] , [ARG1 trading on the Big Board] [rel halts] [ARGM-TMP for an hour] .
- [ARG1 S&P and MMI contracts] [ARGM-DIS also] [rel halt] .
- -- [ARGM-ADV If DJIA drops 400 points] , [ARG0 Big Board] [rel halts] [ARG1 trading] [ARGM-TMP for two hours] .
- [ARG1 Trading in MMI and S&P futures] [ARGM-DIS also] [rel halted] .
- -- * Give [ARG0 SEC] authority * to [rel halt] [ARG1 securities trading] , -LRB- * also opposed *-1 by new SEC chairman -RRB- .
- [ARG0 Giant , a Beverly Hills , Calif. , collection of companies that *T*-3 is controlled *-1 by Hollywood producer Burt Sugarman ,] did n't give a reason for * [rel halting] [ARG1 its plan * to acquire the airline] , and Aspen officials could n't be reached *-2 for comment .