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A comment on Why Index Funds Are Like Subprime CDOs. Parent comment
LULD is the one that applies to single stocks. It only results in a five minute halt, as I said.
The market-wide circuit breaker can halt the entire market for a full day, but only in response to a 20% move in S&P500, not a single stock.
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LULD is the one that applies to single stocks. It only results in a five minute halt, as I said.
The market-wide circuit breaker can halt the entire market for a full day, but only in response to a 20% move in S&P500, not a single stock.