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NYSE Technical Glitch Halts About a Dozen Stocks In Error
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An apparent glitch at the operator of the New York Stock Exchange triggered volatility trading halts shortly after the open in about a dozen companies, including Chipotle Mexican Grill Inc. and Abbott Laboratories.
NYSE said it was having issues pertaining to the limit up-limit down trading bands, which typically govern when stocks are paused for volatility. The sudden disruptions come just days after a glitch last week left the S&P 500 Index without live pricing for an hour, and as the market adapts to quicker settlement times for US stock trades.
“NYSE Equities is currently investigating a reported technical issue,” according to an online status page. “Additional information will follow as soon as possible.”
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NYSE said it was having issues pertaining to the limit up-limit down trading bands, which typically govern when stocks are paused for volatility. The sudden disruptions come just days after a glitch last week left the S&P 500 Index without live pricing for an hour, and as the market adapts to quicker settlement times for US stock trades.
“NYSE Equities is currently investigating a reported technical issue,” according to an online status page. “Additional information will follow as soon as possible.”
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Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
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