3 ms·
Based on the rules it cannot drop _more_ than 20% in a day :-) There are examples of it happening in other countries though. Zimbabwe and Argentina come to min
by deugtniet 7y ago
Based on the rules it cannot drop _more_ than 20% in a day :-)
There are examples of it happening in other countries though. Zimbabwe and Argentina come to mind for some crazy inflation and stock numbers.
- JumpCrisscross 7y ago> Based on the rules it cannot drop _more_ than 20% in a day Asset pricing is not continuous. A single trade can take pricing from -18% to -X%, with X having any value between infinity and -100. The breaker triggers at -20%. If the market crosses at -18% and then trades -25%, that trade will cross and then trip the breaker.