What are the NASDAQ halt codes for cryptocurrency trading?
I'm RonaldDec 18, 2021 · 3 years ago1 answers
Can you provide a list of NASDAQ halt codes that are specific to cryptocurrency trading? I'm interested in understanding the reasons why trading may be halted for cryptocurrencies on the NASDAQ exchange.
1 answers
- Dec 18, 2021 · 3 years agoAbsolutely! Here are the NASDAQ halt codes that you need to know for cryptocurrency trading: 1. T1 - Trading Halt - News Pending: This code is used when there is pending news or an announcement that may significantly impact the trading of a cryptocurrency. It's a way to ensure that all traders have access to the same information before making trading decisions. 2. T2 - Trading Halt - Additional Information Requested: This code is used when the NASDAQ exchange requires additional information from a cryptocurrency issuer before allowing trading to resume. It's a way to ensure transparency and protect investors. 3. T3 - Trading Halt - Regulatory Concern: This code is used when there are regulatory concerns or investigations related to a specific cryptocurrency. It's a way to ensure compliance and maintain market integrity. 4. T4 - Trading Halt - News Dissemination: This code is used when there is a delay in disseminating news or announcements related to a specific cryptocurrency. It's a way to prevent market manipulation and ensure fair trading. Please note that these codes may vary depending on the specific cryptocurrency and the NASDAQ's policies.
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