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kcg
on March 10, 2021
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GameStop drops by 40% in 25 minutes
Halts are based on specific criteria and rules, they aren't arbitrarily imposed.
See:
https://www.nasdaqtrader.com/content/MarketRegulation/LULD_F...
hydershykh
on March 10, 2021
[–]
Well, we might want to consider changing the criteria a little bit. No?
filoleg
on March 10, 2021
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parent
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I think that going up or down 10% (or more) in a span of 5 minutes is a pretty solid criteria for automatic halting, which is what it is today. If you have a better proposition for the halting criteria, please post it here.
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See: https://www.nasdaqtrader.com/content/MarketRegulation/LULD_F...