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Largest stock exchanges of the world agreed to expand “defense mechanisms”

Publication date: 12 May 2010

The decision was made in relation to rapidly increasing volatility on global financial markets, a good example of which was demonstrated last week where (as it is assumed) electronic software failure led to a quick-spread panic on American and European markets.

Together with the world’s largest stock exchanges the Securities and Exchange Commission (SEC) plans to expand defense mechanisms for financial markets.