Trading halts are temporary suspensions of trading in a security or an entire market ¹. Here are some details on trading halts:

- *Purpose*: Trading halts are called to prevent further market deterioration, allowing a company to "announce important news or where there is a significant order imbalance between buyers and sellers in a security."

- *Duration*: Trading halts typically last less than an hour, but can be longer in some cases.

- *Reasons*: Trading halts can be called for various reasons, including:

- Companies listed on a U.S. stock exchange, like the NYSE or Nasdaq, notifying the listing exchange about any corporate developments that might affect trading in its stock.

- Significant order imbalance between buyers and sellers in a security.

- Unforeseen natural disasters or significant market disruptions.

- Extraordinary events that have had a material effect on the market for the OTC stock or may cause major disruption to the marketplace.

- *Regulatory bodies*: Exchanges, such as the NYSE or Nasdaq, and regulatory bodies, like the Securities and Exchange Commission (SEC), can impose trading halts.

- *Impact*: Trading halts can affect investor confidence and market stability, but are intended to prevent further market deterioration and allow for the dissemination of important information.