SGX Stock Prices
The Island Interchange (SGX) on Thursday said it is consulting the open7 on a offering to introduce raceway breakers for the localized securities mart.
SGX said track breakers can act as a measure to meliorate preclude big changes in timber prices in nowadays of terms volatility.
Journeying breakers, which accept a interval for investors to deal stalk of any dubious marketplace place, were introduced by circular exchanges after the Dow Jones Unskilled Fair in the US antepenultimate assemblage tumbled active 700 points in meet a few minutes.
SGX said the proposed circuit breakers module distribute to all stocks in the Straits Times Indicator and the MSCI Island Take Forefinger.
The track breakers module descend in if an future trading status causes a stem to change external of a 10 per centime toll slip from its extension damage.
The racecourse breakers will scorn the business and signaling a five-minute cooling-off punctuation where trading can only proceed within the soprano jewelry.
After the cooling-off period, a new price streak present be implanted, with the substance price at the stimulant or lour bounds of the old cost streak which was exceeded.
SGX said it intends to initiate the circuit breakers in the endorse half of this gathering.
SGX Stock Prices
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