Sp500 closing position

[Guins007]

I’m trying to close my sp500 positions but it keeps saying unable to close and that trading is suspended. Trading isn’t suspended. Please revert asap! Thanks

[MitchB]

Will be back open at 08:30 CT / 13:30 GMT I believe.

[David]

@Guins007 US Indices have hit a +5% up limit, when that happens, trading is halted until the start of the regular session. https://finance.yahoo.com/news/asian-stocks-look-steady-dollar-221626072.html

Price Limits - when Indices stop trading

A couple of traders have asked why US Indices sometimes stop trading, then restart. This could be because of ‘circuit-breaker’ limits designed to stop irrational panic or exuberance from destabilising the markets. At fixed level, the exchanges impose trading halts (or in some cases you can only buy, or only sell). The limits are percentage based and vary according to the time of day. Here’s a good example based on the S & P 500 https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limi…

[Guins007]

So when are they expected to be back up?

[PeterA]

@Guins007 It is available for trading now, as it dropped below the 5% threshold. If that wasn’t the case, the trading would’ve commenced at the start of the US trading session.

@David

US Indices have hit a +5% up limit, when that happens, trading is halted until the start of the regular session.

[Guins007]

Thanks all, responses much appreciated