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That is exactly why they implemented these circuit breakers https://en.wikipedia.org/wiki/2010_flash_crash https://en.wikipedia.org/wiki/2010_flash_crash
by murillians 7y ago
That is exactly why they implemented these circuit breakers
https://en.wikipedia.org/wiki/2010_flash_crash https://en.wikipedia.org/wiki/2010_flash_crash
- sirmoveon 7y agoIt was hypothesis and later proven incorrect. Some even argue algos helped minimize the turmoil. In the pre-automated era I can see circuit breakers working in a constructive way for the markets. These days, with trading being mostly automated and algorithmic, to me it feels more like a bureaucratic tool to give government institutions some time to play the markets.