don't need circiut breakers.. they can just ban market sell orders if they don't want a 'crash' or limit short selling.
there is no need for halting the markets. or require cash for overnight positions or ban overnight. trading as it's too illiquid. especially in the leveraged futures markets...
most people don't log into their accounts and don't trade. these brokers didn't expect all their customers to log in at the same time.
brokers like robinhoood make money on interest on customer cash accounts or loans to customers buying stock before.
that shows how small the operation is it...
always have stops in case your go MENTAL or possessed.! and cannot do a mental stop!!! your know what i'm saying.!!!
in these markets price can gap down or up quickly.. in less time to get cup of coffee or washroom back,, you come back and the market moved against your MENTAL stop.
mental stops...
no point in halting the market.
The reason they halt the market the market makers cannot control one sided landslide selling
there are no bids and
for traders who are all 95% leveraged or even 99% and in futures
it's all LEVERAGED
in the cash market 10% is peanuts.
these illiquid markets man...