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Chapter 1346 The only one in the world(2/2)

After contacting the New York Stock Exchange, Tian Xiaoqing slowly understood the rules here.

The two stood in the crowded New York Stock Exchange and chatted.

"Wang Lin, I think the New York Stock Exchange is very suitable for stock trading, and the trading rules here are more flexible." Tian Xiaoqing said.

"You mean, there is no limit on US stocks to rise or fall, right?" Wang Lin smiled, "There is no limit on US stocks to rise or fall, but this does not mean that US stocks can rise or fall without restrictions. US stocks have circuit breakers, which is equivalent to

When the A-share market is temporarily suspended, trading will be suspended when the stock price rises and falls to the point set by the circuit breaker mechanism, which will also limit the situation of a single stock soaring and plummeting in a short period of time."

The circuit breaker mechanism generally has two forms, namely "fuse when melting" and "fuse when melting and constantly". The former refers to the suspension of trading within a period of time when the price reaches the circuit breaker, and the latter refers to the subsequent time when the price reaches the circuit breaker and then

For a period of time, the transaction declaration will continue to be matched and traded within the circuit breaker price range. The most commonly used circuit breaker mechanism in the international field is the "fuse-breaking" circuit breaker mechanism.

Moreover, the US stock market is divided into three-level circuit breakers.

A circuit breaker in the primary market means that the market falls to 7%;

A circuit breaker in the secondary market means that the market falls to 13%;

A circuit breaker in the third-level market means that the market decline reaches 20%.

During any trading period throughout the day, if the circuit breaker of the third-level market is triggered, the entire market will stop trading until the opening of the next trading day.

In the past, there was no circuit breaker mechanism for the US stock market.

This also led to the occurrence of Black Monday.

On October 19, 1987, the Dow Jones Index fell by 22.3% that day. Due to the lack of circuit breaker mechanism and no limit on rise and fall, the result was that US$500 billion evaporated, setting a historical record, and countless millionaires fell overnight.

For the poor.

This day is also called Black Monday.

Black Week triggered panic in financial markets, and the subsequent economic recession in the late 1980s.

A year later, in October 1988, the circuit breaker mechanism was released.

While observing the direction of US stocks, Wang Lin and Tian Xiaoqing explained the history of US stocks to her.

Tian Xiaoqing said: "I think I understand US stocks very well. After hearing what you said, I am just a frog in the well. I have to learn more."

Wang Lin said: "Take it slow, no one can become fat in one bite. You can buy a few more books to read and you can understand it."

In the afternoon, after the stock market closed, Wang Lin sent Tian Xiaoqing back to the hotel.

Li Wenxiu and others did not come back.

Tian Xiaoqing took Wang Lin's hand and whispered: "What a good opportunity! Don't you catch it?"

Wang Lin's heart moved and reached out to touch her pretty face: "Are you willing to give it to me again?"

"Tu! When will I be reluctant to let it go? It's so ugly!" Tian Xiaoqing blushed and said, "You don't come to find me, can you even ask me to come to your door?"

Wang Lin held her hand: "Yes, it's my fault."

Tian Xiaoqing said: "Go and take a shower quickly. When they come back later, they won't be able to play."

"Together."

"Um!"

...

The party is held at 7 p.m.

Wang Lin arrived at Deng Lijun's residence at 5 o'clock in the afternoon as agreed.

Deng Lijun has changed her dress.

Evening dresses were very popular in the 1990s and were an indispensable clothing for high-class people to attend parties.

But this kind of clothing will gradually no longer become mainstream after 30 years.

Red carpet dresses emerged in the 1990s and are relatively down-to-earth, with simple styles and low-key styles.

Every girl has a fantasy of a dress, fantasizing about leaving a thick and colorful stroke in the long red carpet that lasts dozens of meters, looking back and smiling under the flash of the spotlight, and looking charming.

In the entertainment industry, the red carpet show has attracted the most attention. Celebrities are trying every means to prepare. Some contact the brand several months in advance, while others ask the designer to change it and change it again and again. After all, the red one is red

Thousands of eyes on the blanket are staring at each other, but they cannot be compared and become a regret.

Deng Lijun is a beauty-loving person and a well-known star, so she naturally has many dresses.

Evening dresses are mostly pleated and elegant dresses.

Today, Deng Lijun was wearing a black dress with a tube top and backlessness.

Black dresses are forever classic, paired with bows that decorate the waist, draped corsets or hanging belts, showing elegant temperament and snow-white skin.

Deng Lijun's jewelry dressed up as she was gorgeous and dazzling, which made Wang Lin's eyes lit up.

"Sister Deng, you are so beautiful!" Wang Lin sincerely exclaimed.

Deng Lijun smiled and said, "I am old and definitely not good-looking."

"No, you look like a teenage girl."

"If I were ten years younger, I would have to wear that dress that exposed my belly. Now I dare not wear it, for fear that I would be called an old fairy!" Deng Lijun giggled, "Come on, I'll prepare it for you.

You don’t have to move clothes, I’ll wait for you to wear them.”

"Ah? This? Don't bother you, I'll do it myself."

"You just enjoy it! I have a rare opportunity to serve you to change your clothes."

Wang Lin smiled proudly and warmly: "Okay! I am the only one in the world with such treatment, right?"
Chapter completed!
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