SIA plans for US market disaster recovery

The Securities Industry Association, the US trade body, has outlined a plan detailing how the US securities industry should react if the market unexpectedly closes.

The plan provides securities firms, stock markets, industry utilities and other market participants with a point of reference based on previous unexpected closes, including September 11, 2001. It includes details of how to deal with trade execution, clearing and settlement if a market closes.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached