NYSE Euronext has eased rules meant to curb volatility in the U.S. stock market, Bloomberg reports. The exchange will require three trades instead of one to execute outside price limits before a circuit breaker is triggered. The pause will not be initiated in case of one or two transactions outside the 10% threshold on the New York Stock Exchange or NYSE Amex. The circuit breakers generally last for five minutes for Standard & Poor’s 500 Index and Russell 1000 Index companies, as well as for more than 300 ETFs, when they rise or fall at least 10% within five minutes.
Click here for the story from Bloomberg.