halted earlier todaydue to a “connectivity issue,” the Wall Street Journal’s Jacob Bunge reports.
Traders were unable to access the market, a main venue for securities not listed on Nasdaq or NYSE. From the Journal:
The breakdown on the lightly regulated market for stocks of companies too small, sparsely traded or troubled to be listed on the major markets came on a major news day for two of the market’s most closely watched stocks, the government-backed mortgage investors Freddie Mac and Fannie Mae.
OTC Markets’ outage was unrelated to the reports and was “purely a connectivity issue,” said a spokeswoman for the company. She said officials at the marketplace didn’t know when it would be able to reopen.
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