OTC Markets says Finra has halted trading in OTC e
Post# of 2102
Posted On: 10/17/2014 12:41:27 PM
OTC Markets says Finra has halted trading in OTC equity securities
OTC Markets said Friday morning that the Financial Industry Regulatory Authority (Finra) has halted trading in equity securities through its markets.
"FINRA has imposed a quoting and trading halt in all OTC equity securities as of 11:05:06 a.m. ET due to a lack of current quotation information currently available in the marketplace for OTC equity securities. FINRA will notify the market when quoting and trading in all OTC equity securities may resume," the agency wrote in a media release.
The company, which facilitates trading of penny stocks and other equities, told CNBC that its subscribers were experiencing delays in updating quotes.
Earlier, a twitter account linked to OTC reported that there were systems issues.
http://www.cnbc.com/id/102078861#.
OTC Markets said Friday morning that the Financial Industry Regulatory Authority (Finra) has halted trading in equity securities through its markets.
"FINRA has imposed a quoting and trading halt in all OTC equity securities as of 11:05:06 a.m. ET due to a lack of current quotation information currently available in the marketplace for OTC equity securities. FINRA will notify the market when quoting and trading in all OTC equity securities may resume," the agency wrote in a media release.
The company, which facilitates trading of penny stocks and other equities, told CNBC that its subscribers were experiencing delays in updating quotes.
Earlier, a twitter account linked to OTC reported that there were systems issues.
http://www.cnbc.com/id/102078861#.
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