What does that mean?
Doesn't seem to be any indication that the markets will open tomorrow.
Nickel market is completely dislocated now https://tradingeconomics.com/commodity/nickel
Who knows how that will reverberate.
This is echoed by an FT article, which additionally says that bonds and other securities account for at least another USD $61 billion, rounding things up to USD $150 billion of total securities exposure: https://www.ft.com/content/ff0f0533-ca8f-4e7b-9cd8-28710dcee... The article seems to imply that's a conservative figure, but it's still a far cry from USD $1 trillion.