Panic is real. And it can be very difficult to undo some of the damage caused by panic. The circuit breakers are a neutral addition. In some cases they may be

Panic is real. And it can be very difficult to undo some of the damage caused by panic. The circuit breakers are a neutral addition. In some cases they may be triggered unnecessarily and are just delaying the inevitable. In others they may have a very real benefit in giving people time to figure out what’s really going on. To be fair, I’m not sure how this affects algorithmic trading, which is not gonna be affected by the emotional aspect and are the dominant players today.