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Context: Paper
Format: PDF

The October 1987 Market Break: Report by SEC Division of Market Regulation

Date: February 1988

Attribution: Courtesy of Alton Harvey

Introduction and Executive Summary

Chapter One - Background and Description of Trading Strategies

Chapter Two - Chronology of Trading during the October Market Break

Chapter Three - The Effects of Derivative Products

Chapter Four - Exchange Specialists

Chapter Five - Analysis of Capital Adequacy

Chapter Six - Issuer Repurchase Activity

Chapter Seven - Exchange Operational Performance

Chapter Eight - Performance of the Options Markets

Chapter Nine - The Over-the-Counter Market

Chapter Ten - Clearance and Settlement Systems

Chapter Eleven - The International Capital Markets

Chapter Twelve - Investor Complaints

Appendix A - Detailed Trading Chronologies

Appendix B - Chronology of Index Related Trading

Appendix C - Chronology of Portfolio Insurance (Futures)

Appendix D - Charts and Tables

Appendix E - Division of Market Regulation Data Requests

Appendix F - Regional Stock Exchange Trading

Appendix G - Directorate of Economic and Policy Analysis Capital Study

Appendix H - Office of Consumer Affairs Data Request

Appendix I - Glossary