Held at the opening

Held at the opening

Used for listed equity securities. Not open for trading because specialists or regulators are not allowing trading to occur until imbalances dissipate or news is disseminated.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Held at the Opening

Describing a stock that is not allowed to trade when an exchange opens. A stock held at the opening is thought to be temporarily and excessively volatile because of news, or for some other reason that could cause unsustainable rises and falls in price. See also: Suspended trading.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved