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The New York Stock Exchange unexpectedly shut down trading in all of its listed stocks Wednesday morning.
The exchange said on Twitter: "The issue we are experiencing is an internal technical issue and is not the result of a cyber breach."
A trader on the floor of the exchange in lower Manhattan, who spoke on the condition of anonymity, said that after the suspension began, traders were told that the problem was related to updated software that was rolled out before markets opened Wednesday.
Trading was resumed around 3:00 PM after having been down since 11:30 AM.
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New York Stock Exchange Shut Down Temporarily Due to "Internal Technical Issue"
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F.S. Fitzgerald to Hemingway:
"Ernest, the rich are different from us."
Hemingway:
"Yes. They have more money."
(Score: 2) by Kromagv0 on Thursday July 09 2015, @04:02PM
Sounds like some of the gear we have in my company's building. There is the corporate IT manages stuff (I work for a huge faceless fortune 50 company so we have corporate IT and then the people I work with) that seems to manage 95% reliability and then there are the systems I work with. Some of them have been running continuously for ~13 years since they moved into this building save for patches and the necessary reboots, but even then only one machine goes down at a time and the rest of the system takes over. Multiple redundancy is key, then again the work I do is actually overseen by all sorts of regulators who actually care depending on who the customer.
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