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fbdab103
on Sept 21, 2023
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Alameda lost tens of millions because of a fat fin...
I thought the real market also has circuit breakers in place. If the market falls X% too quickly, trading is halted for some amount of time.
komali2
on Sept 21, 2023
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That applies to the whole market, not necessarily a single stock.
noitpmeder
on Sept 21, 2023
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It definitely can apply to single stocks, depending on the exchange. For example I believe NYSE has single-stock circuit breakers that kick in around 15%, then subsequent further breakers once trading resumes.
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