TASE Introducing Stock-Specific Circuit Breakers
The Tel-Aviv Stock Exchange (TASE) will introduce new circuit breakers on specific stocks, complementing its existing system of breakers on the market for extreme fluctuations.
Circuit breakers, put into force on most exchanges following the Flash Crash, have become commonplace in the market, and the Securities and Exchange Commission (SEC) is planning to expand its own limit-up limit-down program this year.
TASE CEO Ester Levanon, however, believes her exchange is offering something different.
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