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Posted by PeterL on May 19, 2009, 1:10 pm
>
>
> > > I want to know whats the criteria of deciding the circuit on a
> > > particular share . Sometimes share closes/ends at 5% circuit sometimes
> > > @ 10 % and sometimes the same share @ 15 % how is it decided ?
>
> > You mean individual stocks circuit breakers?
>
> > "a draft proposal that appears to be from the SEC, indicating that if
> > the closing price of a security declines 20 percent or more, members
> > and member organizations of the stock exchanges would be prohibited
> > from short selling that security for three trading days"
>
> But the circuit value for a particular security is not fixed . Say for
> example in case of Godrej ind circuit may be of 10 % or 20 % . I want
> to know whats the deciding criterion to decide circuit limit for a
> particular day .
What market are you talking about? The Indian market? The US markets
do not currently have circuit breakers for individual stocks. I know
nothing about the Indian market.
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