Nasdaq halts trading
- Nasdaq has halted trading in all securities due to a technical issue involving quote dissemination.
- SEC: "We are monitoring the situation and are in close contact with the exchanges."
- The Nasdaq (NDAQ) has shut down trading, but the futures pits remain open; Nasdaq 100 futures QQQ have dipped to a session low, but remain higher on the day by 0.5%.
- Related ETFs: QQEW, TQQQ, QID, SQQQ, PSQ, QLD, QQQE.
NASDAQ to open quote-only period in all securities at 2:55 pm ET
NASDAQ intends to re-open trading in all Tape C securities with a 15-minute quote only period. All stale quotes have been cleared from the UTP SIP at this time and halts have been disseminated with a reason code of T6. NASDAQ will first re-open trading in symbols ZVZZT and AAIT with a 15-minute quoting period beginning at 14:30, with trading beginning at approximately 14:45. All other securities will then be released at 14:55 with a 15-minute quote only period with trading resuming at approximately 15:10. NASDAQ will not be cancelling open orders on the book prior to a re-open. Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading.
Trading on the Nasdaq expected to resume at
3:25
- Nasdaq 100 futures (QQQ +0.7%) have remained open during the entire trading halt and they've bounced back from their knee-jerk decline upon news of the technical snafu.
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/
