The halts followed the exchange's rules, similar to the way that trading in stocks is halted after sharp price moves.
Not exact matches
Many in Japan feared its cryptocurrency market would grind to a
halt following the hack of the Tokyo - based
exchange, Coincheck.
Following inspections from People's Bank of China, the Big Three Chinese
exchanges have
halted margin and zero - fee cryptocurrency trading.
The Mt. Gox
exchange briefly
halted bitcoin deposits and the
exchange rate briefly dipped by 23 % to $ 37 as the event occurred [58] before recovering to previous level of approximately $ 48 in the
following hours.
In addition, ETFs may be subject to the
following risks that do not apply to conventional funds: the market price of an ETF's shares may trade above or below their net asset value; an active trading market for an ETF's shares may not develop or be maintained; trading of an ETF's shares may be
halted if the listing
exchange's officials deem such action appropriate, the shares are delisted from the
exchange, or the activation of market - wide circuit breakers
halts stock trading generally.
In addition, a liquid secondary market for particular options, whether traded over-the-counter or on an
exchange, may be absent for reasons which include the
following: there may be insufficient trading interest in certain options; restrictions may be imposed by an
exchange on opening transactions or closing transactions or both; trading
halts, suspensions or other restrictions may be imposed with respect to particular classes or series of options or underlying securities or currencies; unusual or unforeseen circumstances may interrupt normal operations on an
exchange; the facilities of an
exchange or the Options Clearing Corporation may not at all times be adequate to handle current trading value; or one or more
exchanges could, for economic or other reasons, decide or be compelled at some future date to discontinue the trading of options (or a particular class or series of options), in which event the secondary market on that
exchange (or in that class or series of options) would cease to exist, although outstanding options that had been issued by the Options Clearing Corporation as a result of trades on that
exchange would continue to be exercisable in accordance with their terms.
Reasons for the absence of a liquid secondary market on an
exchange include the
following: (1) there may be insufficient trading interest in certain options; (2) an
exchange may impose restrictions on opening transactions or closing transactions or both; (3) trading
halts, suspensions or other restrictions may be imposed with respect to particular classes or series of options; (4) unusual or unforeseen circumstances may interrupt normal operations on an
exchange; (5) the facilities of an
exchange or the Options Clearing Corporation (OCC) may not at all times be adequate to handle current trading volume; or (6) one or more
exchanges could, for economic or other reasons, decide or be compelled at some future date to discontinue the trading of options (or a
Several Indian bitcoin
exchanges have pulled the plug and
halted trading
following a statement issued by the Reserve Bank of India (RBI) on Tuesday.
OKEx, operated by cryptocurrency
exchange OKCoin, said Friday that the move comes after it temporarily
halted futures trading and token withdrawals
following the incident, which occurred between 5 a.m. and 6:30 a.m. Hong Kong Time (HKT) or 21:00 to 22:30 UTC this morning.
China
Follows Suit A Day After Japanese Bitcoin
Exchanges announces to
halt trading.
The market had briefly corrected when the Chinese
exchanges halted withdrawals of digital currency in February of this year, and
followed it up with an extension of the suspension in March.
The Chinese
exchanges say they have
halted some deposit services
following talks with financial partners.
All
exchange rules were
followed by proceeding with these
halts in line with
halting of stock trading
following sharp price moves.
China
Halts Margin Trading
Following the inspections conducted by the People's Bank of China, the country's «Big Three» Bitcoin
exchanges BTCC, OKcoin and Huobi have stopped margin trading services.
Today, there were several
follow - up reports that China would
halt trading of digital currencies on their domestic
exchanges.
Bitcoin price dropped further amid a frenzied market sell - off on Friday in a week where two major Chinese
exchanges announced the
halt of trading operations
following regulatory scrutiny.
A resurgent bitcoin price saw its rally grind to a
halt on Monday
following a report that South Korean regulators tasked with combating money laundering and terrorist financing would probe bank accounts belonging to domestic cryptocurrency
exchanges.