about the stock price logic, so can you also highlight a number of risk management controls used at sme in addition to the circuit breaker rules. specifically, could you walk through the difference between the circuit breakers and the stop price logic employed at the cme. >> circuit breakers were coordinated amongst the security changes at a 10%, 20%, 30% circuit breaker depending on what time of day it happens. up to 1:30, it's 10%, then it goes to 20%, if it goes to 30%, the market is closed all day. what the stop functionality we have deployed at cme group is if our market goes up or down in a roughly if you used the equivalent price of the s&p index, a half of one%. if you can't find the liuidity to fill that, it stops five seconds. it allows the market to catch its breath. if it cannot seek liquidity in that five-minute period, it's going to halt again. that's the way it works. and we have incircuit breakers also in coordination. >> what happens on thursday, then, that stabilized the market activity? >> there's no question, congresswoman, we brought these charges for a purpose, bec