Floor RulesA compelling account of how markets really govern themselves, and why they often baffle and outrage outsiders One of the reasons many people believe financial markets are lawless and irrationaland riggedis that they follow two sets of rules. The official rules, set by law or by the heads of the exchanges, exist alongside the unofficial rules, or floor ruleswhich are the ones that actually govern. Break the official rules and you may be fined or
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