Exclusive: U.S. stock options markets agree to need for trading halts on big moves
October 23, 2014 at 01:32 AM EDT
NEW YORK (Reuters) - U.S. options market operators have agreed in recent months on the need for new automatic trading halts when stock options prices suddenly surge or plunge, in a bid to reduce excess volatility and blunt the impact of erroneous trades, according to five sources with knowledge of their discussions.