RE:reason for haltpolystyreneman wrote: This is direct from the tsx website. and it wasn't just ONE person slipping a finger. It was just lots of volume selling collectively.
page 58. https://www.tsx.com/resource/en/1078
6.2.4 Single Stock Circuit breakers Single-stock circuit breakers are an important tool to help mitigate short-term volatility in the trading of individual stocks. Recent regulatory changes introduced single stock circuit breakers. This means that a five-minute halt of trading in a security will now automatically trigger across all Canadian marketplaces if the price of the security swings 10% or more within a five-minute period. Initially, SSCBs will apply to all securities included in the S&P/TSX Composite Index, as well as to those exchange-traded funds (ETFs) which are comprised principally of listed securities. All trades executed at more than 5% beyond the price that triggered the SSCB will be cancelled.
Not sure what to tell you. Yes. A bunch of sells make up one guys account if he has six figure shares. Out for the rest of the day scooping for tomorrow and next week. Not flinching. This will be come evident as to why. M