Asked in Distances and Travel TimesAlgebraGeometryThe Difference Between
Distances and Travel Times
The Difference Between
What is the difference between halt and transit point?
Asked in Stock Market
How do circuit breakers work on the NYSE?
From the NYSE website: NYSE Circuit Breakers In response to the market breaks in October 1987 and October 1989 the New York Stock Exchange instituted circuit breakers to reduce volatility and promote investor confidence. By implementing a pause in trading, investors are given time to assimilate incoming information and the ability to make informed choices during periods of high market volatility. In the event of a 1100-POINT decline in the DJIA (10 percent): Before 2pm, there is a 1 hour halt Between 2pm & 230pm, there is a 30 minute halt After 2:30pm, there is no halt. In the event of a 2200-POINT decline in the DJIA (20 percent): Before 1pm, there is a 2 hour halt Between 1pm & 2pm, there is a 1 hour halt After 2pm, the market closes. In the event of a 3350-POINT decline in the DJIA (30 percent), regardless of the time, MARKET CLOSES for the day. http://www.nyse.com/press/circuit_breakers.html