“U.S. stock exchanges on Thursday halted trading in all securities listed on the Nasdaq Stock Market because of a technical issue, exchange officials said,” Jacob Bunge reports for The Wall Street Journal.
“Nasdaq OMX Group Inc. announced the halt at 12:15 p.m. ET Thursday, and other exchanges followed suit. Nasdaq also said it was halting trade in its options markets,” Bunge reports. “The issue stemmed from a data feed that provides market data for Nasdaq-listed securities, the exchanges said in notices sent to traders.”
Read more in the full article here.
CNBC reports, “A spokesman for the exchange said: ‘Nasdaq will not be canceling open orders on the book. Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading. Additionally, Nasdaq will clear all stale quotes from the UTP SIP prior to the commencement of trading.’
CNBC reports, “‘If I was back in the days of 10 years ago managing 300 traders I’d put the directive out to every one of them ‘we don’t put any orders in at the open’ … no one trades for 60 minutes,’ said Joe Terranova, chief market strategist for Virtus Investment Partners and a CNBC contributor.”
Read more in the full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]
Chinese government hackers. They’re signaling to us how easily they could bring down the American economy.
nah, we got our own pros out to destroy the economy right here at the NSA.
*ZOINK*
Related:
I’ve noticed A LOT of server FAILs from Google over the past couple days, as well as *IRONY* at the NSA website. HardyHarHar. Someone’s been having fun cracking the Internet this week.
AAPL gained too much this past month. Need to reboot the market and insert the appropriate code to make sure it doesn’t continue.
The real reason and one the deniers are back pedalling from is that the Nasdaq back end is run on Windows servers and they BSOD.
I was on a cruise ship once and they were running their in-room TVs off an MS controlled server feed and for the entire five days of the cruise all I saw was the BSOD mmessage on screen. Obviously if MS had managed the Titanic’s steering computers, the ship wouldn’t have run into the iceberg but would have sunk off the coast of Greenland instead due to faulty navigation readouts.
BLN… you’re so happy and pro-Apple today…
Almost like you have multiple personalities…
BSOD most likely.
Yes, Nasdaq purchased a subscription to MS BSOD 365.