The Limit Up-Limit Down Plan (LULD) was approved on a pilot basis by the Securities and Exchange Commission (SEC) to address extraordinary market volatility. In response, Direct Edge® has compiled a Limit Up-Limit Down Implementation Frequently Asked Questions document to address how EDGA Exchange, Inc. (EDGA®) and EDGX Exchange Inc. (EDGX®) will operate under LULD. This document is posted on www.directedge.com and will be updated regularly as new information becomes available.
More Information
- Refer to SEC Release 34-67091.
- Refer to Proposed "Limit Up-Limit Down" NMS Plan.
- Refer to the official SEC Press Release.
