China puts circuit breakers to keep tabs on volatility
Sep 10, 2015 09:39 AM EDT
Alerted by massive market volatility, Chinese government has decided to apply 'circuit breakers' to curtail further losses in the volatile markets. The draft regulation on circuit breakers seeks to suspend trading for 30 minutes on stocks that fell five percent. This is for individual stocks. For the index, in case it goes up or down by seven percent, then the trading will be suspended for the day.
