Safeguard Mechanisms to Insure Orderly Trading in Events of Extraordinary Volatility

35 Pages Posted: 13 Dec 2017 Last revised: 8 Jan 2018

Date Written: December 11, 2017

Abstract

This document provides guidelines how to implement trading halts at Lykke exchange, in events of extraordinary volatility due to market or technical issues. It gives a summary on current practices on other exchanges and existing regulation.

Keywords: safeguard mechanisms, circuit breakers, trading halts, invalid trades

Suggested Citation

Haug, Ferdinand and Golub, Anton, Safeguard Mechanisms to Insure Orderly Trading in Events of Extraordinary Volatility (December 11, 2017). Available at SSRN: https://ssrn.com/abstract=3085821 or http://dx.doi.org/10.2139/ssrn.3085821

Ferdinand Haug (Contact Author)

Lykke Corp ( email )

Baarerstrasse 2
Zug, Zug 6300
Switzerland

Anton Golub

Flov technologies ( email )

Gotthardstrasse 26
Zug, Zug 6300
Switzerland

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