Why was trading briefly halted on the NYSE on Enron today?I recieved a few messages from my online broker that trading had been halted due to an "inbalance".I would greatly appreciate any fool out there to explain why trading was halted.Much thanks,Pondering in Northern Californial.
Order imbalance. The momentum was too heavy on one side and orders could not be matched because the spread was too large. Trading is halted until the order imbalance was cleared. You should watch Celera (CRA), when I was timing my entry in January there would be an imbalance every other day. Marv
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