NYSE, Nasdaq Halt Trading in Stocks of Russia-Based Companies

NYSE, Nasdaq Halt Trading in Stocks of Russia-Based Companies
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Jan. 26, 2022. Brendan McDermid/Reuters
Reuters
Updated:

NEW YORK—Nasdaq Inc and Intercontinental Exchange Inc’s NYSE have temporarily halted the trading in stocks of Russia-based companies listed on their exchanges, their websites showed.

The halts were due to regulatory concerns as the exchanges seek more information following economic sanctions against Russia following its invasion of Ukraine, said sources familiar with the matter.

Reporting by John McCrank