Author Topic: NYSE suffers unprecedented suspension of trading activities  (Read 300 times)

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Online Free Vulcan

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http://www.marketwatch.com/story/nyse-suffers-unprecedented-suspension-of-trading-activities-2015-07-08

The New York Stock Exchange, One of the country’s largest stock exchanges, has been frozen for nearly an hour Wednesday, and it’s unclear when trading will resume.

The unprecedented trading halt on the nearly 200-year old stock exchange began at 11:32 a.m. Eastern Time.

In a statement the NYSE said it was attempting to fix what appeared to be a technical glitch.

“We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible. We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open,” said Marissa Arnold a spokeswoman with NYSE, which is owned by Intercontinental Exchange Inc. ICE, -1.72% 

The halt isn't impacting other exchanges, including exchanges electronic platform NYSE ARCA, according to reports. NYSE said it expects to cancel all orders made before the markets seized up.

A spokesman at Nasdaq OMX NDAQ, -1.90%  also said its platform was trading normally.

The halt aroused some suspicions of a possible cyberattack but NYSE in a tweet said that it is technical snafu wasn't a hack.

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Don't know what to make of this, but hope nothing nefarious is going on, like an attack or false flag.
« Last Edit: July 08, 2015, 04:50:19 pm by Free Vulcan »
The Republic is lost.

Offline GourmetDan

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Re: NYSE suffers unprecedented suspension of trading activities
« Reply #1 on: July 08, 2015, 04:54:07 pm »
... but NYSE in a tweet said that it is technical snafu wasn't a hack.

S.N.A.F.U. = Situation Normal All F@cked Up

"The heart of the wise inclines to the right, but the heart of the fool to the left." - Ecclesiastes 10:2

"The sole purpose of the Republican Party is to serve as an ineffective alternative to the Democrat Party." - GourmetDan

Online Free Vulcan

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Re: NYSE suffers unprecedented suspension of trading activities
« Reply #2 on: July 08, 2015, 05:01:24 pm »
S.N.A.F.U. = Situation Normal All F@cked Up

Hahaha. Or as I've seen it lately -  SNAFUBAR.
The Republic is lost.

Offline GourmetDan

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Re: NYSE suffers unprecedented suspension of trading activities
« Reply #3 on: July 08, 2015, 05:04:11 pm »
Hahaha. Or as I've seen it lately -  SNAFUBAR.

Exactly...

"The heart of the wise inclines to the right, but the heart of the fool to the left." - Ecclesiastes 10:2

"The sole purpose of the Republican Party is to serve as an ineffective alternative to the Democrat Party." - GourmetDan