Aug
14

Wall Street Can’t Agree on When to Halt the U.S. Stock Market

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  • Market-wide circuit breakers cause rift in trading industry
  • Stock exchanges announced rare truce on other improvements

The trading industry can’t find consensus on when to apply the U.S. stock market’s brakes during times of turmoil.

On Thursday, the nation’s three major exchange operators upgraded their rules to help prevent a repeat of the chaos seen on Aug. 24, 2015, when many securities suddenly sank. But a major sticking point remains, according to an official who spoke at an event hours after NYSE Group, Nasdaq Inc. and Bats Global Markets Inc. announced their changes…

Wall Street Can’t Agree on When to Halt the U.S. Stock Market

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