Circuit break if the the market climbs too fast? All I see is "designed
to rise".
Date: Tue, 10 Sep 2019 10:49:40 -0400
From: Raul Miller<[email protected]>
To: Chat forum<[email protected]>
Subject: Re: [Jchat] Introducing J to Financial & Actuarial Students
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On Mon, Sep 9, 2019 at 7:36 PM Jose Mario Quintana
<[email protected]> wrote:
I am sorry but circuit breakers are designed to "protect" (we are here from
the regulatory agency and we are here to help) market participants from
themselves by preventing them from trading during certain wild markets
gyrations (e.g., "if the price of that covered security decreases by 10%");
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