Showing posts with label Trading Rules Changes for Exchanges (CAPEX). Show all posts
Showing posts with label Trading Rules Changes for Exchanges (CAPEX). Show all posts

Saturday, November 17, 2007

CAPEX Implements Circuit Breakers

CAPEX has become the fore-runner in encouraging market responsibility and implementing market controls to prevent the radical manipulation of prices of shares and to prevent market abuses. As part of this ongoing process they are now implementing circuit breakers at 50% changes of trading value to allow investors to reconsider how they are pricing their shares in the market and to allow exchange heads to ensure that the reason for price changes are in fact legitimate and fair market forces versus manipulations.

CAPEX is the first market to use these tripwires to protect investors and hopefully it will continue to advance its leadership in market regulation, fraud prevention, and investor protection measures. I would encourage all markets to follow this lead.