What's the meaning of mine pool account trigger

Circuit breaker is a term used in stock market, which means that when the fluctuation of stock index reaches the specified circuit breaker point, the exchange takes measures to suspend trading to control the risk. Specifically, it is a mechanism to set a circuit breaker price for a certain contract before it reaches the price limit, so that the contract quotation can only be traded within this price range for a period of time

on March 9, 2020, the opening price of New York stock market fell sharply, and then the decline reached the upper limit of 7%, triggering the circuit breaker mechanism. After the resumption of trading, the decline narrowed for a time, and the three major indexes of New York stock market fell by more than 7% at the closing price. On March 12, the three major U.S. stock indexes fell sharply after opening. The Dow fell more than 1400 points in the opening session, while the standard & Poor's 500 index fell more than 6%

extended data

fuse requirements:

1. Within ten consecutive minutes after the start of the fuse mechanism, the declared price of the contract shall not exceed the fuse price, and the transaction shall continue. Ten minutes later, the circuit breaker price limit will be cancelled and the 10% price limit will take effect

2. When there is a declaration of circuit breaker price, it will enter the inspection period. The inspection period is one minute. During the inspection period, the declared price is not allowed to exceed the circuit breaker price, and the declaration exceeding the circuit breaker price will be prompted

3. If the circuit breaker inspection period is not completed and it enters the non trading state, the circuit breaker inspection period will automatically end. When it enters the tradable state again, the circuit breaker inspection period will be calculated again

Circuit breaker, also known as automatic stop mechanism, refers to the trading suspension measures taken by the exchange to control the risk when the fluctuation of stock index reaches the specified fuse point. Specifically, it is a mechanism to set a circuit breaker price for a certain contract before it reaches the price limit, so that the contract quotation can only be traded within this price range for a period of time

on March 9, 2020, the opening price of New York stock market fell sharply, and then the decline reached the upper limit of 7%, triggering the circuit breaker mechanism. After the resumption of trading, the decline narrowed for a time, and the three major indexes of New York stock market fell by more than 7% at the closing price

on March 12, the three major U.S. stock indexes fell sharply after the opening. The Dow fell more than 1400 points in the opening session, while the standard & Poor's 500 index fell more than 6%. Market analysis believes that the S & P 500 may soon break through the 7% fusing line again, leading to the second 15 minute fusing stop of US stocks this week. On March 16, the three major U.S. stock indexes fell sharply at the beginning of trading, and the S & P 500 index fell more than 7%, triggering the circuit breaker mechanism and stopping trading for 15 minutes. At noon on March 18, the sharp fall of the New York stock market triggered the circuit breaker mechanism again

extended data

there are generally two forms of fusing mechanism adopted in foreign exchanges, namely "fusing as breaking" and "fusing continuously"; The former means that when the price reaches the cut-off point, the transaction will be suspended for a period of time. The latter means that when the price reaches the cut-off point, the transaction will continue to be matched within the cut-off price range for a period of time. In the world, the fusing mechanism of "fusing is breaking" is widely used

the circuit breaker system to be introced in China's stock index futures market is set up on the basis of setting a 10% limit on the rise and fall of indivial stocks in the stock spot market, in order to curb the irrational excessive volatility of the stock index futures market. According to the design, when the daily rise and fall of stock index futures reaches 6%, it is the first break point of CSI 300 index futures trading. Within this range, it can "melt continuously". When it reaches the "break point", it can still trade for 10 minutes, but the index quotation can not exceed the rise and fall of 6%; After 10 minutes, the fluctuation is enlarged to 10%, corresponding to the 10% limit of indivial stocks in the spot market