A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation

by Scott Nations

He wanted to discuss their mutual dilemma, and in June Strong called such a meeting in the hope that they could reach a common

Buy-side market depth, the total number of contracts the market was willing to buy within a reasonable distance of the last traded price, fell to less than 1 percent of the depth the market had offered that morning.

mutual funds were common, and those funds could use futures on the stock market to express their managers’