FTSE circuit breakers?

[SanMiguel]

Does the FTSE have circuit breakers on individual stocks the same way the US exchanges have?

 

[SanMiguel]

anyone...anyone?!

 

[alloy]

FTSE constituents go into an intraday vol. auction for 5 mins when/if they trade 10% up or down on the day

 

[SanMiguel]

FTSE constituents go into an intraday vol. auction for 5 mins when/if they trade 10% up or down on the day

Who is able to trade during that volume auction?
Presumably they open again and if another 10% move happens, they are locked up again. This is different to the US circuit breakers where the stock shuts down for the entire day?

 

[alloy]

all market participants can enter orders into the vol. auction. All stocks can go into many intraday vol. auctions, some more so than others

 

[SanMiguel]

all market participants can enter orders into the vol. auction. All stocks can go into many intraday vol. auctions, some more so than others

It's not really a circuit breaker if it's only for 5mins though?
and if all market participants can enter trades still, what is the main point of the auction as it doesn;t seem like it's stopping trading?