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SSRNTrading, Microstructure & Execution

Circuit Breakers & Market Quality

Contrary to the belief that circuit breakers cause panic trading, marketwide trading halts during the COVID-19 pandemic stabilized stock returns, reduced trading costs, and resulted in more informative prices.

Featured in No. 15 on 14 Sep 2023 ·

Released
20 Jun 2022
First featured
No. 15 · 14 Sep 2023
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
24
Identifier
SSRN 4569362

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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