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Re:Trading halted as U.S. stocks plummet by bluGill on Monday March 09, 2020 @01:49PM (#22527681)
They have existed since the crash of 1929. There were no algorithms in place then. The goal was just to force human traders caught up in the moment to take a break and stop panicking.

I assume they have been tweaked since 1929, but they started with the crash back then.

Edit: someone else is claiming 1987 as the start. My memory says 1929. If this matters do your own research.

Re:Trading halted as U.S. stocks plummet by jcape on Monday March 09, 2020 @01:59PM (#22527793)
Re:Trading halted as U.S. stocks plummet by jahlove on Monday March 09, 2020 @02:11PM (#22527926)
> Regulators put the first circuit breakers in place following the market crash of October 19th 1987, when the Dow Jones Industrial Average (DJIA) shed 508 points (22.6%) in a single day. The crash, which began in Hong Kong and soon affected markets worldwide, came to be known as Black Monday.
Re:Trading halted as U.S. stocks plummet by bluGill on Monday March 09, 2020 @02:06PM (#22527887)
Well something was put into place after 1929...
Re:Trading halted as U.S. stocks plummet by jahlove on Monday March 09, 2020 @02:12PM (#22527949)
> In 1933, the U.S. Congress passed the Glass–Steagall Act mandating a separation between commercial banks, which take deposits and extend loans, and investment banks, which underwrite, issue, and distribute stocks, bonds, and other securities.

https://en.wikipedia.org/wiki/1933_Banking_Act

Re:Trading halted as U.S. stocks plummet by forkexec on Monday March 09, 2020 @03:08PM (#22528614)