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Stocks Slump Triggers Market-Wide Trading Halt

Courtesy of ZeroHedge View original post here.

The dollar is screaming higher as stocks crash, triggering a Level 1 circuit breaker and a market-wide trading halt…

During US trading hours (Cash), these are the levels for the various circuit-breakers to hit:

  • Level 1: 7% fall to 2352.14 before 15:25EDT/19:25GMT will prompt a 15-minute pause.

  • Level 2: 13% drop to 2200.39 before said time will introduce another 15-minute pause.

  • Level 3: 20% decline to 2023.35 within the time will shut the markets

Will we see the first Level 2 trigger today?

The Dow is down 8% today…

The demand for dollars is going exponential…

As the global dollar margin calls come due.


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