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\'Market-wide circuit breakers enforce a trading pause so that investors have time to absorb information, better understand what’s happening in the market, and make decisions accordingly,\' writes Stacey Cunningham, president of the New York Stock Exchange If a stock has declined by 10% in one day then there is a short sell restriction preventing market participants from executing or displaying a short sale at a lower price How coronavirus affects global corporate transactions A system that immediately matches every buy order with whatever sell interest is in the book, or vice versa, will end up with an incredibly volatile stock price
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