The Striking Price

March 1988

In New York, Robert Kanter finds the options market just as thin, but he reports that futures are holding up. "What surprises me is how volume held up in the S&P 500 futures," says Kanter. "Before October, maybe they were trading 70,000 to 90,000 contracts a day - now that's down, 35% percent on a guess. That, to me, is a pretty good show, given the restraints. The "locals" - individual traders on the floor - "are probably holding volume up," Kanter adds.

Click here for list of all news articles.