Posted in Finance, Accounting and Economics Terms, Total Reads: 361
Definition: Circuit Breaker
Circuit breaker is a technique in which the exchange implements breaks on the stock market activity by halting the trading to prevent rapid rise or fall in the stock market. This policy was introduced in NYSE after the fall in stock market on the black Friday. In India, this policy was introduced from July 02, 2001 based on SEBI Circular No. SMDRPD/Policy/Cir-37/2001 dated June 28, 2001.