Digital Assets Report


Like this article?

Sign up to our free newsletter

NYSE Euronext welcomes SEC decision on single-stock circuit breakers

Related Topics

NYSE Euronext has welcomed the Securities and Exchange Commission’s move to gain the agreement of exchanges and trading venues on the implementation of industry-wide single-stock circuit breakers. 

The adoption of this market-wide mechanism will promote investor protection and is designed to help prevent the events of 6 May from taking place in the future. 

“We remain committed to working collectively with regulators and all market participants to fully address the causes of the May 6 market plunge and strengthen the national market system going forward,” NYSE Euronext said in a statement.

In addition to adhering to the agreed-upon single-stock circuit breaker to create a consistent standard across the industry, the NYSE has independently elected to continue to operate liquidity replenishment points as a key component of its market structure and to continue to further minimise stock-by-stock volatility on the NYSE marketplace.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading