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delayed opening

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Delayed opening
Postponement of the start of trading in a stock until correction of a gross imbalance in buy and sell orders. Such an imbalance is likely to follow on the heels of a significant event such as a takeover offer. See: Suspended trading.
delayed opening
An intentional delay in the opening transaction of a particular security. Generally, the delay occurs when unexpected developments before the opening make it difficult for the specialist to match buy and sell orders.
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As we await the delayed opening of Bath Spa (AR September 2003)--following an ongoing contractual dispute over defective paint--Bristol's Architecture Centre has recently exhibited a selection of photographs by photographer in residence, Carlo Chinca.
Naked truth by Gregory, Rob / The Architectural Review
Newport Beach-based Baycrest Associates also has indefinitely delayed opening its second Tustin Ranch project, called Montecito, as a result of the real estate market slowdown.
Bren family dogged by real estate slump by Barron, Kelly / Los Angeles Business Journal
While higher than expected RCF construction costs and the potential for a delayed opening elevate the project's risk profile, structural limitations on loan draws provide significant lender protection.
Fitch Affirms Florida Department of Transportation's TIFIA Loan at ... by Business Wire
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