If new circuit-breaker proposals filed by US national securities exchanges and the Financial Industry Regulatory Authority (Finra) are approved by the US Securities and Exchange Commission (SEC), they will replace those adopted in October 1988.
Market-wide circuit breakers, when triggered, halt trades across all exchange-listed securities in the US markets. So far, these mechanisms have only been triggered once, back in 1997.
"If circuit breakers are triggered for exchange-traded securities gene
The week on Risk.net, July 7-13, 2018Receive this by email