Allow stop-loss, cash market for retail players

IN A FEW months' time, the local stock market should see the introduction of dynamic circuit breakers in daily trading, which are aimed at giving traders a five-minute cooling-off period to think about what they are doing when prices move by more than 10 per cent in either direction.

Retail traders - so often on the receiving end of sudden, unwanted volatility - should welcome this as it means they have a greater chance of reducing their losses and preserving their capital when prices plunge abruptly.

Looking after retail interests is a…