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Glossary Term: DELAYED OPENING

Definition(s) for DELAYED OPENING:


1. ) refers to the postponement of the start of a stock trading until correction of a gross imbalance in buy and sell orders. Such an imbalance is likely to follow on the heels of a significant event such as a takeover offer.

2. ) The postponement of the trading of an issue on a stock exchange because of unusual market conditions. Reasons for the delay might be an influx of either buy or sell orders, an imbalance of buyers and sellers, or pending corporate news that requires time for dissemination.



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