Factbox: Markets Revise Trading Rules, Hours, Circuit Breakers as Volatility Surges – The New York Times
- Date: 06-Apr-2020
- Source: The New York Times
- Sector:Financial Markets
- Country:UAE
Factbox: Markets Revise Trading Rules, Hours, Circuit Breakers as Volatility Surges – The New York Times
Factbox: Markets Revise Trading Rules, Hours, Circuit Breakers as Volatility Surges. (Reuters) - Global exchanges are changing trading rules to protect their markets from intense volatility and speculative trading as the coronavirus pandemic threatens the world economy.. ** The country's central bank and financial regulator to cut trading hours for the currency and stock markets. ** The stock exchange tightened circuit breaker rules, where a more than 5% drop on its main stock index will see trading halted by 30 minutes, compared with the 10% previously. ** The country's securities regulator banned short-selling on the Athens stock exchange until April 24 to shield the equities market from volatility.