they DS is trying to figure out how to stop the Trump train since it will send all their favorite social media company's straight down the drain
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (13)
sorted by:
The automated “circuit breaker” halts are 10 minutes. I’ve been involved in them in several different stocks and it’s always 10 looong minutes.
Not true.
https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
A normal automated halt is 5 minutes.
I’ve had to sit and wait through 10 minute halts many times, on many different stocks. I keep a lot of cash in my brokerage, so that when I see a stock that’s shooting up parabolic I can instantly buy, then quickly resell. I’ve been lucky taking advantage of that volatility, but I have to deal with trading halts when doing that. I’m not arguing with whatever the rule claims, I’m just saying in my real life experience it’s always been 10 minutes.
exactly. i think they screw with the order book to bounce from low bids to high asks with the market orders so they can trigger the longer breaks when they want to. i've sat through plenty of ten minute breaks and nearly everytime the bid/ask spread seems like it would be impossible to come up with.