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OthermethodsconsideredbytheSECtopotentiallyminimisetheharmthatoccurredonMay6include:(...
Other methods considered by the SEC to potentially minimise the harm that occurred on May 6 include: (1) exchange-level erroneous order filters; (2) “collars” on the prices at which market orders or aggressively priced limit orders can be executed; (3) limitations on the size of market orders or aggressively priced limit orders; and (4) eliminating the practice of displaying stub quotes that were never intended to be executed.
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