4 ms·

I'd guess at the same time we accept the stock market is a scam when it shuts down when trading goes full crazy? Helps prevent runs on them?

• juniperplant 6y ago
  > Helps prevent runs on them? Sorry for my ignorance, but what do you mean by this? I have zero knowledge about the stock market.
  • rstupek 6y ago
    He's likely talking about trading circuit breakers which trigger when the market is down a substantial percentage in a short time. Trading is suspended for a period
    • mirekrusin 6y ago
      With COVID it happened twice iirc - the stock market has been automatically stopped to prevent panic runs.
  • wyck 6y ago
    Online trading platforms also go down...just like crypto exchanges. The tech stack has to be incredibly resilient and fast, several steps above most software in terms of performance and reliability.