Suspension
A suspension is generally a longer term trading stoppage that can be requested either by an issuer or imposed by the Exchange. When a suspension is being lifted, a stock will enter into an adjust phase for a minimum duration of 15 minutes before normal trading commences. In a trading halt, orders in the system are not purged until the end of the market day while for a suspension, all orders are purged at the time of the suspension. The Exchange will normally only halt or suspend the trading of an issuer's securities at the request of the issuer. The sponsor is responsible to advise the issuer and notify the Exchange if it forms the view that a trading halt or suspension is warranted. Where there is a difference in opinion between the sponsor and the issuer, the Exchange will take into account both the sponsor's and the issuer's views when acting on such requests. /Amended on 29 September 201129 September 2011 and 7 February 20207 February 2020./
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