Replies to post #25045 on Revive Therapeutics Ltd (RVVTF)

[powerbattles]

Reason: Single-Stock Circuit Breaker rotflmao.

[threebabiesbusy]

Circuit Breaker
By JASON FERNANDO
Reviewed By ROGER WOHLNER
Updated Feb 26, 2021
What Are Circuit Breakers?
A circuit breaker is an emergency-use regulatory measure to temporarily halt trading on an exchange. Circuit breakers are in place to try to curb in panic-selling. They can also be triggered on the way up with manic-buying. These apply to both broad market indexes, such as the S&P 500, as well as for individual securities. They exist in the United States, as well as in other countries around the world.


Circuit breakers function automatically by stopping trading when prices hit predefined levels. For example, for the S&P 500, a circuit breaker may be triggered after a 7%, 13%, and 20% intraday move.


KEY TAKEAWAYS
Circuit breakers are temporary measures that halt trading; they are intended to curb panic-selling on U.S. stock exchanges.
Currently, U.S. regulations have three levels of a circuit breaker, set to halt trading when the S&P 500 Index drops 7%, 13%, and 20%.
The current system of circuit breakers has been revised several times based on feedback from past crises, including the 1987 Black Monday Crash.