New York Stock Exchange Circuit breakers for 2008
This is interesting…
The circuit breakers will activate for a 10% decline would be one hour if it occurred before 2 p.m., and for 30 minutes if it occurred between 2 and 2:30. There will be no trading halt at all after 2:30.
Halt for a 20% decline would be two hours if it occurred before 1 p.m., and between 1 p.m. and 2 p.m. for one hour, and close the market for the rest of the day after 2 p.m.
A market drop of 30%, at any time, would halt trading for the rest of the day.
