Circuit breakers to stem NYSE trading falls
A 10% move in a stock price would trigger a pause in trading to prevent sudden falls
NEW YORK – US regulators have proposed new rules introducing so-called ‘circuit breakers’ to the New York Stock Exchange (NYSE) designed to prevent future sudden stock falls in the wake of the brief plummeting of Dow Jones index shares on May 6.
If a stock price moves up or down by 10% or more in a five-minute period, the circuit breakers would kick in across US equity markets, immediately pausing
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