Growth in Canadian depositary receipts prompts SRO to expand guidance on trading halts
Research published by the World Federation of Exchanges finds stressed markets in March 2020 were calmed by trading halts
A study finds that halts curb wild trading, but cause spreads to surge
Extreme volatility can “weaken market integrity and reduce investor confidence,” IOSCO says
The move is being made in anticipation of “the potential for increased volatility” resulting from Donald Trump’s election victory
Circuit breakers are based on the extent of leverage used in the fund
Revised guidance aims to help reduce short-term, unexplained price volatility
Protection growing to include “actively-traded” securities
All “actively traded” securities will be covered when new guidance takes effect in February 2015
List of single-stock circuit breakers would include all securities that are considered “actively traded”