- Looking to speed up early morning trading in times of market stress, the SEC has approved plans by the NYSE (NYSE:ICE) to eliminate Rule 48 and instead set specific guidelines for when shares could open after a trading halt.
- The exchange had asked for the rules after disorderly trading on Aug. 24, 2015, when there was a record intraday drop in the Dow Jones.
NYSE bids farewell to Rule 48
Recommended For You
More Trending News
About ICE Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
ICE | - | - |
Intercontinental Exchange, Inc. |