UPDATE – 2:12pm: The new York Stock Exchange has resumed trading the stocks that were part of a trading outage that took place late in thr morning strading session.
Acording to the NYSE’s Market Status Page:
NYSE experienced a technical issue in one trading unit, which affected a subset of symbols listed on our Market Status website here. All open orders, including MOC and LOC orders, were cancelled. Trading has resumed in those symbols at 1:17 pm ET and all systems are now operating normally.
To participate in the closing auction, MOC and LOC orders in the impacted symbols will need to be re-submitted.
Customers with questions may contact the NYSE Trading Operations Desk at 1-212-896-2830.
Earlier today, CNBC reported that the trading glitch may have poriginated with a large hedge fund.
Per CNBC:
NYSE believes the stocks affected were traded by Citadel KCG at Post 5, said NYSE spokesperson Kristen Cause. The area of the trading floor was roped off as the issue was addressed. Cause told CNBC that she believes the issue is linked to the NYSE’s own system but it will continue to look for the root cause.
– – – – – – –
EARLIER TODAY:
The New York Stock Exchange is dealing with a series of technical issues that have impacted the trading of nearly 200 stocks this morning. NYSE officials say that the exchange operator is working to resolve the matter.
According to CNBC:
Another technical issue hit the New York Stock Exchange Wednesday, minutes after a problem with the same 199 symbols was as reported resolved.
Both the Nasdaq and BATS stock exchanges had declared self-help against the NYSE amid multiple technical issues that closed all open orders on nearly 200 symbols.
Traders will update the story as news breaks.
Traders presents to top stock exchange crashes that rocked the markets.
