I'll tell you this much. Our quant and blackbox groups have been very busy all weekend and this morning. Means a new algorithm is being put into our trading system so positions can be taken based on this and the upcoming wider net of investigations -- especially when I see some of the head traders that deal with FX/Euro exchanges having some long discussions with the folks that manage the US and international manufacturing/CPG areas.
"* VW shares plunge more than 20 pct, biggest one-day fall
* U.S. agency EPA says to widen probe to other carmakers
* Germany also to investigate carmakers' emissions data
* Daimler, BMW say not affected by U.S. emissions probe (Adds EPA widening probe, European Commission and VW labour head comments, updates shares)"
At 1530 GMT, VW shares were down 18.8 percent at 131.8 euros, after hitting a three-year low of 125.4 euros. Shares in Porsche SE, a holding company which controls 51 percent of VW's common stock, also plunged around 20 percent, while the European autos index was down 3.9 percent.
http://www.reuters.com/article/2015/09/21/usa-volkswagen-idINL5N11R0TU20150921