Online broker eToro has issued a statement regarding the recent temporary halting of trading for $GME (GameStop Corp.)

The brokerage notes that Nasdaq has implemented a safety mechanism due to the significant stock volatility. eToro explains that such halts are part of the usual market dynamics.

The full eToro statement can be read below:

“We understand your concerns regarding the recent temporary halting of trading for $GME (GameStop Corp.) and we’d like to provide some clarification.

When the price of a stock, such as $GME experiences significant volatility, the exchange where the stock is traded (NASDAQ in this case) implements a safety mechanism to temporarily halt trading. Please note that these halts are part of standard market dynamics and are not initiated by eToro. We continue to reflect the pricing we receive, however, you may experience interruptions in trading due to these exchange-imposed suspensions.

We appreciate your understanding.

– The eToro Team”