FYI: The good news, if there is any, for the New York Stock Exchange and its parent company, Intercontinental Exchange, is that the extraordinary, nearly four-hour trading halt on Wednesday appears to have been caused by a glitch related to a recently implemented software upgrade. “The issue we are experiencing is an internal technical issue and is not the result of a cyber breach,” the N.Y.S.E. tweeted soon after it halted trading at 11:32 a.m. “We chose to suspend trading on N.Y.S.E. to avoid problems arising from our technical issue. N.Y.S.E.-listed securities continue to trade unaffected on other market centers.”
Regards,
Ted
http://www.nytimes.com/2015/07/09/opinion/the-bumbling-irrelevant-new-york-stock-exchange.html?_r=0
