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Simple English definitions for legal terms

trading curb

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A quick definition of trading curb:

A trading curb is a temporary rule that limits trading of a certain stock to prevent sudden and extreme changes in its price. This is sometimes called a "curb." On the other hand, a trading halt is a temporary pause in trading of a specific stock due to certain reasons, such as an imbalance in orders or an upcoming news announcement. During a trading halt, options can still be exercised, and open orders may be canceled. Trading curb and trading halt are different terms that refer to temporary measures taken to regulate stock trading.

A more thorough explanation:

A trading curb is a temporary restriction placed on trading a particular security to prevent sudden and significant price movements. It is also known as a "curb." This measure is taken to maintain market stability and prevent panic selling or buying.

Suppose a company announces unexpected news that could significantly impact its stock price. To prevent a sudden drop or surge in the stock price, a trading curb may be implemented to slow down trading activity and allow investors to digest the news.

Another example is when a stock experiences a sudden surge in demand, causing its price to skyrocket. A trading curb may be put in place to prevent the stock from becoming overvalued and to give investors time to evaluate the situation.

These examples illustrate how trading curbs can help prevent market volatility and maintain stability.

trading | trading partnership

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

babycat

15:35

there are plenty of non trads who get admitted to nw with below median stats bc of their stories

snow

15:37

i want NW bad

JumpySubsequentDolphin

15:37

@glovediedthisishismom: im gonna get this tattooed

snow

15:38

hoping my 3 years of legal experience help!

BulbasaurNoLikeCardio

15:38

Im not that old lmao Ill see if I can convince the wife to allow me to apply and research the area more. Just worried that I wont have that intellect that a rank 9 school would need

snow

15:38

shoot your shot bulb

snow

15:38

dont tell yourself that.

BulbasaurNoLikeCardio

15:40

I think babycat just wants me close for when she gets into Uchicago lol For me the locations of the school and environment around it matters a lot

soap

15:42

Are you in an open marriage?

babycat

15:42

@BulbasaurNoLikeCardio: aw of course I want you around but I was thinking of the 7sage diversity statement in their admissions course where this guy writes about how he and his wife take in foster kids. he got into NW with below median LSAT. you have significant past adversity and interesting work experience I would shoot your shot

babycat

15:43

and I honestly don't think the t14 require significantly more intellect than any other law school. the content is pretty much the same

info-man

15:44

the rigor of the T14 law schools is almost entirely the result of who they allow to attend

BulbasaurNoLikeCardio

15:44

Well so far Vandy is highest ranked I went for, hopefully they like me. Its not really the academics/rigor. Following rules and meeting standard is easy it is the competition for class rank and with other students that I think would be my greatest struggle

JumpySubsequentDolphin

15:45

but doesn’t grade inflation at the top schools almost make it easier to get higher grades than it does at >t14

babycat

15:45

@info-man: agreed

babycat

15:48

just my opinion but grade inflation is probably more of an undergrad thing since law school grades tend to be on a curve

shaquilleoatmeal

15:49

Leaving the office just now and this chic is blasting glorilla in the elevator...doesn't match our work location vibe lmao

shaquilleoatmeal

15:49

shits gonna be stuck in my head all night now

glovediedthisishismom

15:50

northwestern has a dude with a murder charge in their class this year dont they

shaquilleoatmeal

15:50

what^^

shaquilleoatmeal

15:50

no way

HopefullyInLawSchool

15:50

2 next year

glovediedthisishismom

15:50

google it shaq some dude got his degree in prison and is now at nw

HopefullyInLawSchool

15:50

Bro is studying to beat the charges

glovediedthisishismom

15:51

https://news.wttw.com/2024/06/04/after-graduating-college-while-prison-22-years-benard-mckinley-about-start-law-school

shaquilleoatmeal

15:52

While representing himself in court, McKinley's sentence was reduced from 100 years to 25, a sentence he served in full. While still incarcerated, he took the LSAT, or Law School Admission Test, and applied to law school - no shit, thats impressive how much he lowered his sentence being pro say

JumpySubsequentDolphin

15:52

@HopefullyInLawSchool: that made me lol

babycat

15:52

there was a convicted rapist admitted to some southern law school not too long ago

shaquilleoatmeal

15:53

smh

glovediedthisishismom

15:53

fun fact gangs specifically have all their shooters be 12-16 year olds so they can go to juvee and get their charges sealed like nothing happened

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