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Economy

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Backseat Driver

(4,649 posts)
Mon Jun 3, 2024, 01:59 PM Jun 2024

Glitch at New York Stock Exchange Throws Markets Into Chaos [View all]

https://finance.yahoo.com/news/glitch-york-stock-exchange-throws-162500832.html
Maxwell Zeff
Mon, Jun 3, 2024, 12:25 PM EDT



snip

The New York Stock Exchange (NYSE) said it was investigating a technical issue on Monday morning that caused roughly a dozen stocks, including Chipotle and GameStop, to experience volatility halts, according to Bloomberg. Berkshire Hathaway and the Bank of Montreal appeared to briefly trade at a 99% discount to their opening prices on Monday, seemingly related to the glitch.

“A technical issue with industry-wide price bands published by the CTA SIP triggered halts in a number of stocks listed on the NYSE Group exchanges this morning,” said the stock exchange on its status page at 11:08 am in New York. “Impacted stocks have since reopened (or are in the process of reopening) and the price bands issue has been resolved.”

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Wow, does any computerized stuff of importance work correctly anymore?
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