Fast Market Rule

Fast Market Rule

In the United Kingdom, the right of an exchange to declare that trading has become too volatile to maintain current quotes and therefore allow trades to occur outside quoted ranges. The fast market rule exists as an alternative to a circuit breaker, which would allow exchanges to slow down or halt trading in such circumstances. See also: Fast market.
References in classic literature ?
To speak a foreign language as you do," she told him, "is wonderful.
As an example of what he meant, he mentioned his experience of two young Englishmen who could speak no foreign language.
She went up to them, entered into conversation with them, and served as interpreter for the woman, who could not speak any foreign language.
The three big fellows spoke to one another in odd guttural tones, and the man who had waited for us on the beach began chattering to them excitedly--a foreign language, as I fancied--as they laid hands on some bales piled near the stern.
I remember that the first coloured man whom I saw who knew something about foreign languages impressed me at the time as being a man of all others to be envied.
I have a prejudice against people who print things in a foreign language and add no translation.
His works have been translated into many foreign languages.
He addressed some words in a foreign language to his lieutenant, then turned to me.
So far as any information which he gave me or seemed likely to give me, I might as well have talked in a foreign language.
In a foreign language, these inferences are more difficult, and we are more dependent upon actual sensation.
This is partly because the amount of thoroughly great literature which they produced is small, and partly because for present-day readers it is in effect a foreign literature, written in early forms of English or in foreign languages, so that to-day it is intelligible only through special study or in translation.
This annexation took place in the same way in which a foreign language is appropriated, namely, by translation.
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