Post
Topic
Board Beginners & Help
Re: Exchanges must have circuit breakers
by
Houdini
on 20/06/2011, 21:00:27 UTC
After any unusual drop or rise in value, a circuit breaker must be implemented.  Some may say this is not free market.  I disagree.  It is only a pause in the action to allow the exchange to overview security and verify the legitimacy of what is going on.
Totally agree. I said the same thing in another thread.
Would prevent severe market manipulation, hacks, panic crashes...
All real stock exchanges have trade-suspending mechanisms.