Series 7 - General Securities Representative Exam
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Circuit breakers are thresholds at which trading is halted across all US Stock Exchanges when the S&P 500 Index experiences extreme declines. The three intraday trading halt levels are:
5%, 10% 20%
A
7%, 13% 20%
B
6%, 12%, 18%
C
6%, 15%, 20%
D
Explanations
7%, 13% 20% are the 3 circuit breakers. Level 1 - 7%, Level 2 - 13% & Level 3 - 20%. These circuit breakers are in effect between 8:30 AM CT - 2:25 PM CT