Delisting

Removal of a stock from the exchange so it can no longer be traded on the market.
Also known as: Liquidation trading

What it is

Delisting ends exchange trading in a stock. It can be triggered automatically (for example by a disclaimer of audit opinion or total capital impairment) or decided after a listing eligibility review.

Liquidation trading

Once delisting is confirmed, shareholders usually get seven trading days of liquidation trading, during which daily price limits do not apply.

What to keep in mind

The company may survive, but its shares become very hard to trade. Appeals or improvement periods sometimes apply, so follow the filing schedule.

See related filings and news data →

This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.