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Trading halts are often initiated when there are extreme price movements in equity markets.For example, according to NYSE Arca Rule 7.12, if the S&P 500
Trading halts are often initiated when there are extreme price movements in equity markets.For example, according to NYSE Arca Rule 7.12, if the S&P 500 market index falls by 7% relative to the previous day's closing price, trading is immediately halted for 15 minutes.
Discuss the potential arguments for and against such trading halts.
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