License to Kill: The Complexity of Circuit Breakers

- Marina Daras
- 08 Jan 2014

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Much has been written about the August 1, 2012, Knight Capital debacle, the May 6, 2010, Flash Crash and the many other technical glitches that have disrupted the markets significantly over the past few years. But the amount of media attention devoted to such incidents doesn’t mean that the problems have been satisfactorily resolved. The industry is still seeking the best way to enhance disaster recovery capabilities and preserve market resiliency, while stock exchanges, various market

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