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A trading curb (also known as a circuit breaker [1] in Wall Street parlance) is a financial regulatory instrument that is in place to prevent stock market crashes from occurring, and is implemented by the relevant stock exchange organization. Since their inception, circuit breakers have been modified to prevent both speculative gains and ...
The company, in its earliest form as Federal Electric, a lighted sign company, was founded in 1901. It later made home and kitchen appliances, neon signs, police sirens, and circuit-breakers. Everything but circuit-breakers had been spun off or sold off to other companies by the 1940s, and the name was changed to Federal Pacific Electric.
By 1929, Square D merged with a Milwaukee-based industrial controller company and began producing Westinghouse-licensed circuit breakers. In 1935 Square D began producing its own range of circuit breakers for both commercial and residential uses. [3] In 1991, the company was acquired and became a subsidiary of Schneider Electric. [4]
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A circuit breaker is an electrical safety device designed to protect an electrical circuit from damage caused by current in excess of that which the equipment can safely carry (overcurrent). Its basic function is to interrupt current flow to protect equipment and to prevent fire.
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