March 04, 2011 at 04:00 AM EST
Cocoa ETN Crash Averted by New Market Rules
The stock market’s new rules implemented in the wake of the flash crash did their job early this week when the cocoa exchange traded note (ETN) dropped sharply in mid-day trading. Cocoa prices have gone up to 30-year highs as a result of a ban on exports by the Ivory Coast. The...
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