Tuesday July 15 2014
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Investment Industry Regulatory Organization of Canada has published guidance regarding the expansion of Single-Stock Circuit Breakers.
This Guidance Note provides guidance on the exercise of the existing authority under UMIR to halt trading in a particular security as a result of a single-stock circuit breaker. The Guidance Note provides a broader range of listed securities than those included in the initial implementation phase and expands the time during the trading day when SSCBs operate.
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