trading halt

Trading halt

When trading of a stock, bond, option or futures contract is stopped by an exchange while news is being broadcast about the security. See: Suspended trading.

Suspended Trading

A situation in which trading on a security is halted, usually for about half an hour, but sometimes longer, by the exchange's management or by regulators. Trading on a security is suspended usually in order to discourage volatility. For example, suspended trading may occur for the period immediately around a major announcement by the company's management that may cause the price to unsustainably rise or fall. Likewise, the SEC may suspend trading on a security if it is thought to be engaged in illegal activities.

trading halt

References in periodicals archive ?
Arian Silver Corporation (the "Company"), advises that a trading halt is in effect on the Toronto Venture Stock Exchange pending the release of an announcement in respect of the Company's financing discussions.
As per the ASX statement, The securities of Vocus Communications Limited will be placed in trading halt session state at the request of the company, pending the release of an announcement by the company.
It was the "longest trading halt that BSE has ever faced," Yatin Padia, an exchange spokesman, said by phone on Thursday.
Amex: DII), a leading supplier of interior furnishings for the hospitality, manufactured housing ("MH") and recreational vehicle ("RV") industries, announced that NYSE/AMEX has notified the Company that it will lift, effective immediately, the trading halt in the Company's common stock.
The Nasdaq stock market said May 29 it had requested additional information from Maxicare after a trading halt May 25-the day the Maxicare unit filed Chapter 11.
Scott Estes, an analyst with Banc of America Securities, says the trading halt has had a ripple effect on assisted living as a whole.
The news from the dominant maker of computer chips, announced after a trading halt Wednesday afternoon, caused Intel's stock to plummet by 10 percent in after-hours trading to $77.
The trading halt has rendered Tibet Pharma stock illiquid.
Company") advises that it has requested a trading halt of the
The SEC and others said new trigger points are needed because the market's dramatic rise in recent years made it too easy to cause a trading halt.
On Friday, December 5, NASDAQ called a trading halt in Corinthian Colleges, a NASDAQ-listed stock, when it determined that there was a system malfunction outside of NASDAQ that affected trading of the stock in all marketplaces.