Sorry - I meant that neither L1 nor L2 can trigger twice in a day, E.g. down 8%,... | Hacker News

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_se on March 9, 2020 | parent | context | favorite | on: Trading halted as U.S. stocks plummet

Sorry - I meant that neither L1 nor L2 can trigger twice in a day, E.g. down 8%, up 2%, down 9% does not trigger a second L1 breaker.

rococode on March 9, 2020 | [–]

Especially relevant today since after hovering around -5% for most of the session after the first halt, right now we're at -6.9% and threatening to push below 7% again.

jagged-chisel on March 9, 2020 | [–]

> neither L1 nor L2 can trigger twice in a day

This phrasing makes sense. Thanks!

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