New PSE Circuit Breaker Explained
(Source: Investagram)
What is PSE Circuit Breaker?
If the mother index which is PSEI drops -10%, there will be 15 minutes halt in trading.
If it drops -15%, 30 minutes halt will be implemented.
If it drops -20%, 60 minutes halt will be observed.
Para hindi mabigla yung mga nag pa-panic selling at makapag isip isip muna sa trading.
However, this trading halts/pauses will only happen once a day.
“The adjustments are emergency measures necessary to protect investors and maintain order in the market. These will enable the PSE to better manage extraordinary volatility arising from fears over the COVID-19 pandemic," SEC chairperson Emilio B. Aquino said.
Source: https://news.abs-cbn.com/business/04/30/20/new-circuit-breakers-for-stock-trading-get-sec-approval
Stock Market References:
The Beginning of My Stock Trading Journey - The Wandering Trader
How To Start in Stock Market with Zero Knowledge
Top 6 Reasons Why Stock Market is A Must Investment During Lockdown Quarantine ECQ (Covid-19 Coronavirus Pandemic Outbreak)
8 Reasons Why You Should Not Invest in Stock Market
Top 30 PSEI List to Consider Buying
The Beginning of My Stock Trading Journey - The Wandering Trader
How To Start in Stock Market with Zero Knowledge
Top 6 Reasons Why Stock Market is A Must Investment During Lockdown Quarantine ECQ (Covid-19 Coronavirus Pandemic Outbreak)
8 Reasons Why You Should Not Invest in Stock Market
Top 30 PSEI List to Consider Buying
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