The 1987 Crash ? What Was That All About?
Lengthy just before CFDs became commonplace, we lived in a land of early programme trading, extended settlement and mainly telephone based dealing, and virtually twenty years to the day occurred what is now recognized as ‘Black Monday’
This was the session on Monday, October 19th 1987, when the benchmark Dow Jones Index fell by a 508 points, which was then 23% and the greatest 1 day percentage decline in stock industry history, with enormous drops also noticed appropriate across the world’s equity markets.