Rule 48
id:
rule-48-251-7885226
title:
Rule 48
text:
Rule 48, also known as Exemptive Relief — Extreme Market Volatility Condition, was a mechanism used by the New York Stock Exchange to ease market opening while volatility is high. It may have the effect of pre-empting trading at disrupted prices, as the designated market makers do not have to disseminate price indications prior to the opening bell. It was approved in 2007 and repealed in 2016.
brand slug:
wiki
category slug:
encyclopedia
description:
Rule of the New York Stock Exchange
original url:
https://en.wikipedia.org/wiki/Rule_48
date created:
date modified:
2024-01-15T11:51:36Z
main entity:
{"identifier":"Q20979372","url":"https://www.wikidata.org/entity/Q20979372"}
image:
fields total:
13
integrity:
14