Circuit Breakers

I hope it doesn't come to this today, but here are the circuit breakers in place for the NYSE for the first quarter of 2008.

In the event of a 1350 point decline in the DJIA (10 percent):

If this occurs before 2 p.m. a one hour halt, from 2-2:30 p.m. a 30 minute halt, and after 2:30 p.m. then no halt.

In the event of a 2700 point decline in the DJIA (20 percent):

If this occurs before 1 p.m. a two hour halt, from 1-2 p.m. a one hour halt, and after 2 p.m. the market closes.

In the event of a 4000 point decline in the DJIA (30 percent), regardless of the time, the market closes for the day.

From the NYSE