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US stock trade (artificial) limits might have existed before but I don’t remember them. You see these in other countries and commodity markets. Limit down. IMO
by marcrosoft 7y ago
US stock trade (artificial) limits might have existed before but I don’t remember them. You see these in other countries and commodity markets. Limit down. IMO they cause a faster drop in a down market because you don’t know when you’ll be able to exit. The market can open limit down within seconds. This can continue for weeks.
- azernik 7y agoIIRC there were limits in 2008.