I'm not sure what today will bring in the market; futures are up slightly as I am writing this, but here are the circuit breakers rules in force for the New York Stock Exchange for the third quarter of 2008. Good luck out there today.
In the event of a 1200 point decline in the DJIA (10 percent)
Before 2 p.m. a one hour trading halt.
From 2-2:30 p.m. a 30 minute trading halt.
After 2:30 p.m. - No trading halt.
In the event of a 2400 point decline in the DJIA (20 percent)
Before 1 p.m. a two hour trading halt.
From 1-2:00 p.m. a one hour trading halt.
After 2:00 p.m. - Market Closes.
In the event of a 3600 point decline in the DJIA (30 percent), regardless of the time, the NYSE closes trading for the day.
Thursday, September 18, 2008
NYSE Circuit Breakers
Posted by TJF at 6:19 AM
Labels: Circuit Breakers, NYSE
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