Trading halts: live US stock halts, LULD pauses and reason codes

How the Quantisnow /halts page works: stocks halted now, halts from the last 7 days, long-term halts, halt prices and resumption times, and what each Nasdaq halt reason code means.

Updated 4 min read

Key takeaways

  • The Quantisnow trading halts page at /halts lists US stocks halted right now, halts from the last 7 days that have resumed, and long-term halts older than two weeks.
  • Halt data comes from the Nasdaq Trader trade halts feed, checked every minute during market hours, and all times are shown in US Eastern time.
  • Each halt shows the ticker, company, listing market, reason code in plain English, halt time, halt price, expected or actual resumption time and duration.
  • A limit up / limit down pause (LUDP) is the most common halt and usually lasts five minutes, while regulatory halts such as H10, H11 and T12 can last days or longer.

The trading halts page at /halts shows which US stocks are halted or paused right now, why, and when they are expected to resume. It is free and needs no account.

What the page shows

The page has three lists:

ListWhat it contains
Halted nowHalts with no resumption time yet, or a resumption time still in the future, that started within the last two weeks
Recent haltsHalts and pauses from the last 7 days that have since resumed
Long-term haltsSecurities halted for more than two weeks with no resumption, typically pending SEC action, delinquent filings or a delisting

Each row has these columns:

ColumnMeaning
TickerLinks to the company page when Quantisnow covers the company
CompanyIssue name, with the listing market below it
ReasonThe halt reason code and a plain-English label; hover for a full explanation
HaltedHalt time in US Eastern time
Halt priceThe pause threshold price, when the exchange reports one
Expected resume / ResumedFor active halts, the announced resumption trade time (and quote time if different), or Not announced. For past halts, when trading resumed
Halted for / DurationHow long the halt has lasted, or lasted in total

Data source and refresh

Halts come from the Nasdaq Trader trade halts feed. Quantisnow checks the feed every minute from early morning to early evening ET on weekdays, and every 15 minutes at other times. The page itself refreshes at most once a minute. Times are shown in US Eastern time.

A halt drops out of Halted now once the feed reports a resumption time that has passed. If a halt disappears from the feed without a resumption time, Quantisnow stops treating it as active after 3 days, so a missed resumption never leaves a ticker stuck as halted.

Halt reason codes

The most common codes, as explained at the bottom of the page:

CodeLabelWhat it means
T1News pendingThe company is about to release material news; trading stops so everyone gets it at the same time
T2News releasedThe news is out; trading stays halted briefly while it spreads
T3News and resumption timesThe exchange has set the times quoting and trading will resume
T12More information requestedThe exchange has asked the company for more information before trading can resume
LUDPVolatility pauseLimit up / limit down pause: the price moved outside its band, so trading paused for at least five minutes
LUDSVolatility pause (straddle)Quotes sat on both sides of the price band, so trading paused
MVolatility pauseVolatility trading pause in a security listed on another exchange
H4Non-complianceThe company is not meeting listing requirements
H9Not current in filingsThe company is behind on required SEC filings
H10SEC trading suspensionThe SEC has suspended trading, typically for up to ten days
H11Regulatory concernHalted over a regulatory concern, often during an exchange or SEC review
DSecurity deletedRemoved from Nasdaq or the consolidated quote system, for example after a delisting or merger closing
IPO1IPO not yet tradingA new listing that has not opened for trading yet
MWC1Market-wide circuit breaker, level 1The S&P 500 fell 7%, halting all US stocks for 15 minutes

The page also decodes less common codes, including T5, T6, T7, T8, O1, M1, M2, IPOQ, IPOE, MWC2, MWC3, MWC0 and resumption codes such as R4, R9, C3 and MWCQ. Codes Nasdaq Trader does not document are shown as Halt code followed by the code.

Glossary: trading halt, LULD, circuit breaker, delisting and Nasdaq.

Halts on company pages

When a covered company is halted, its company page shows a Halted badge next to the ticker. Hover it to see the reason; click it to open /halts.

How to use halts with the news

A news halt (T1) usually comes right before an announcement. Open the company page or the live news feed to catch the release as it crosses the wire, and follow the ticker for alerts. See Following tickers. Volatility pauses often show up on the day's biggest movers.

FAQ

Where does Quantisnow get trading halt data?

From the Nasdaq Trader trade halts feed, which Quantisnow checks every minute during market hours on weekdays.

How long does a trading halt last?

It depends on the reason. A limit up / limit down pause usually lasts five minutes, news halts (T1, T2, T3) resume once the market has had time to digest the news, and regulatory halts (H10, H11, T12) can last days or longer.

What does halt code LUDP mean?

LUDP is a limit up / limit down pause. The stock's price moved outside its allowed band, so trading paused for at least five minutes.

What is a long-term halt?

On /halts, a long-term halt is a security halted for more than two weeks without resuming, typically pending SEC action, delinquent filings or a delisting.

What time zone are halt times in?

All halt and resumption times on /halts are shown in US Eastern time.

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