Question: When there is a 5 % decline in the S & P 5 0 0 that occurs before 3 : 2 5 p . m
When there is a decline in the S & P that occurs before : pm trading is halted for minutes.
The idea is to prevent human traders from moving share prices quickly in competition with algorithmic trading.
A decline in the S & P halts trading for the remainder of the day.
A decline halts trading for the remainder of the day.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
