What is correct about Fast Market status?

Fast Market status indicates that a significant increase in trading activity is occurring, often due to unexpected market events, leading to heightened volatility and faster price movements. In this environment, the trading mechanisms are adjusted to accommodate the rapid pace of trades.

Wider price corridors apply to validation upon order entry during a Fast Market. This means that orders entering the market can have a greater range of allowable prices, allowing traders to react swiftly to market changes without being restricted by standard price limits. This flexibility helps ensure that market participants can execute trades effectively in a volatile environment.

The other aspects of Fast Market status involve operational changes that may apply to order management but do not necessarily pertain directly to the flexibility offered in order entry pricing.