The point is, if you are in a trade and hit a trading halt, if you are in the wrong direction, you could lose 20%, 30%, possibly even 40% of your position. I believe the stock keeps trading for the bigger players, possibly in dark pools. Even though trading is halted, once the stock resumes trading 10 minutes later, the stock price can sometimes be substantially different from before the halt. IMHO, this is where trading becomes unfair, rigged even, against retail traders. When a stock hits either LD or LU on the Bid or Ask side, respectively, the stock will halt for retail traders. When a stock hits Limit Up or Limit Down, above the L2 columns will change to say "Trading Paused!" and all retail trading will stop/freeze. Das Trader Pro will also have LDLU dollar amounts above the Level 2 columns. More.Correct, for example Das Trader Pro software, I believe, will have "LD" on the Bid side and "LU" on the Ask side.
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