Part two: Single Stock Circuit Breakers
In our last edition, Alex Taylor, IIROC's Vice-President of Market Surveillance, shared his insight into how market thresholds prevent short-term, unexplained trading volatility. This week, Alex shares more about single stock circuit breakers.
As you know, single stock circuit breakers automatically halt trading on marketplaces and exchanges for five minutes when prices hit predefined levels. The temporary halt gives investors the ability to understand what is happening and make decisions based on market conditions.
Watch below to learn more about IIROC's regulatory role during the five-minute halt and how our surveillance team determines whether to extend it manually.