NYSE Trading Stops Due to Mysterious Computer Glitch, NOT a Cyber Breach
The New York Stock Exchange halted all trades earlier today, Wednesday, July 8, because of a mysterious computer glitch. The NYSE explains that the issue is a technical one that has stopped all trading but are assuring everyone that it is not because of a cyber-breach.
Trades suspended around 11:30 a.m. this morning, with the exchange releasing the following statement: "NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible."
Per a report from CNBC, all orders left open – both market and limit – have been cancelled because of the situation.
Take a look at a brief rundown from the New York Stock Exchange's official Twitter page:
Before the market opened this morning, there was a reported "gateway connection" issue which was affecting a number of symbols from being traded, but it was supposedly resolved around 10:37 a.m.
According to the UBS director of floor operations at the exchange, Art Cashin, "It's been a little bit of a bumpy day. We had some technical problems even before the opening."
Check out a video report of the issue below: