Example: stock market
LIMIT UP-LIMIT DOWN - NASDAQtrader.com
LIMIT UP-LIMIT DOWN: FREQUENTLY ASKED QUESTIONS Q: What is Limit Up-Limit Down (LULD)? On April 5, 2011, national securities exchanges and the Financial Industry Regulatory Authority, Inc. (FINRA) filed a proposal to establish a new “limit up-limit down” rule to address extraordinary market volatility in U.S. equity markets.
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