Question

When has the plunge protection team gone to action? What is it that they do? What have them done?

Answer 1

Plunge protection team is a team of people who give their review on the financial conditions of the market it was basically setup to examine the financial in the economic conditions of tribulant market.

The team has the secretary, chairman of the board of governors, the chairman of SEBI.

The name coined by Washington in 1997 . However team had a viable view when the markets would shore up-and-coming lower down the market could execute trades on several exchange. The team only dealt with big banks like Goldman Sachs and Morgan Stanley.

In 1989 the President Ronald created the team on different financial markets the group acted as a advisory group on financial market it was created on Monday February 5 2018 that's Dow Jones experience a drop that was twice as large as its weakest point in its history however arbitrary and aggressive buying happened then stop opened lower on Wednesday and each time aggressive buying spoil the market more.

Heller suggested that the federal reserve purshased stock in index future.  

It was made on March 8,1988.

Three main purpose it had

1. Goals of enhancing the integrity effectiveness and economic conditions of the nations financial markets

Team shall comprise of all different levels

The report shall be presented in 60 days

The workinh group issued a statement indicating that it was taking multiple action available to