12-03-2020 19:21 via feedproxy.google.com

COVID-19 market turmoil tests NYSE’s shutdown circuit-breakers

For the second time this week trading on the New York Stock Exchange halted for 15 minutes this morning when a market drop triggered the exchange’s internal circuit breaker, shortly after 9:30am.
The control, part of the NYSE’s automatic provisions to pause trading, has been put to the test since markets first began realizing the extent of the economic damage a worsening COVID-19 outbreak could cause in the U.S.
The NYSE’s circuit-breaker system was implemented after the Black
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