Nasdaq Submits Application to suspend UTP trading for certain securities
Publication Date: April 27, 2018

On April 25, 2018 Nasdaq submitted an application to the U.S. Securities and Exchange Commission seeking to suspend the unlisted trading privileges ("UTP") of certain Nasdaq-listed operating companies, which are thinly traded. Nasdaq believes that suspension of UTP for these securities will result in an improved market structure and more efficient trading environment for these securities, while reducing market complexity.

Learn more about Nasdaq's application>>

Read Nasdaq's application to the SEC here >>