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 5% decline in the S & P 500 that occurs before 3:25 p.m., trading is halted for 15 minutes.
The idea is to prevent human traders from moving share prices quickly in competition with algorithmic trading.
A 13% decline in the S & P 500 halts trading for the remainder of the day.
A 20% decline halts trading for the remainder of the day.
 When there is a 5% decline in the S & P

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