Circuit breakers as market stability levers: a survey of research, praxis, and challenges
Circuit breaker, an automated regulatory instrument employed to deter panic, temper volatility, and prevent crashes, is controversial in financial markets. Proponents claim it provides a propitious time out when price levels are stressed and persuades traders to make rational trading decisions. Oppo...
Main Authors: | , |
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Format: | Article |
Language: | English English |
Published: |
2018
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Online Access: | http://irep.iium.edu.my/67780/ http://irep.iium.edu.my/67780/ http://irep.iium.edu.my/67780/ http://irep.iium.edu.my/67780/2/10.1002%40ijfe.1709.pdf http://irep.iium.edu.my/67780/8/67780_circuit%20breakers_scopus.pdf |