Uniform circuit breakers spell end to NYSE's own curbs

04/2/2013 | Bloomberg

Next week, the New York Stock Exchange will start phasing out liquidity replenishment points, the mechanism it has used to put the brakes on trading when prices swing wildly. The Securities and Exchange Commission pushed for the elimination of the LRPs as new, broader circuit breakers come online. Register for SIFMA's 40th Operations Conference & Exhibit, April 28-May 1 in Boca Raton, Fla., and get expert, up-to-date information about the financial services operations industry.

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