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wEaReLeGiOn

01/06/12 10:56 AM

#153859 RE: RiskGuy #153851

The DTCC, through various brokerages, stops clearing trades for 'free' and charges fees (up to $700 per trade) to the stockholder in the case of a chill. In the case of a lock, the DTCC stops clearing any and all trades.

In the case of JBII, if the DTCC sees unusually high volume, they often chill the stock, or if it's their belief that fraud may be involved.

More detailed info can be found here.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70311965


Would someone mind please clarifying what a chill is?