New York Exchange computer glitch leads to more than 200 stock trading disruptions

Source: Internet
Author: User

"NetEase Science and technology News" June 12, the New York Stock Exchange due to computer failure, resulting in nearly 200 shares to stop trading, the interruption time of up to 40 minutes.

It is reported that 11:30 to 12:10 Eastern Time, a computer to help deal with the transaction network interruption, the failure caused 242 stocks affected, including GE and Exxon Mobil and other heavy shares.

"Until the standby computer is enabled," said Ray Pellecchia, spokesman for the New York exchange. Some investors may not be able to buy and sell shares because they have lost contact with the network and the orders cannot be delivered because they do not know the exact price. "During the interruption time, all transactions determined by the broker were emptied quickly."

The affected stock Exchange was able to trade normally in the "Arca" electronic system of the stock exchange, and investors from some other trading halls were unaffected, including Nasdaq. The NYSE says it should change the way it trades immediately if it finds that the deal is affected.

Ray Pellecchia said: "We will check the problem tonight, the transaction is now back to normal, the affected stock transactions will not be canceled." ”

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