Japan's FSA urging financial markets to get ready for the 10-day holiday coming up
Japan's Financial Services Agency is warning of possible increased volatility in financial markets.
- The holidays run from April 27 to May 6
They've also warned on what happens when markets reopen ,,,,
- trading volume and price levels may be more volatile post-holiday
The agency said they will be monitoring closely for any market manipulation before the holidays begin when liquidity is expected to be thin.
Yeah … everyone ready for a flash crash or two??? the super-thin liquidity period each morning when its only Australia and New Zealand markets trading will be extended a good few hours each one of those 10 days.
ICYMI, the holidays will close Japanese financial markets for a week, the break runs together holidays for the abdication of Emperor Akihito and the annual Golden Week break.
10 days off!