NYSE Arca Suffers 15 Minute Technical Glitch, Trading Back Online
- A technical glitch caused a fifteen minute blackout of trading on the country's largest ETF platform.
The New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) Arca, an all-electronic Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term that’s part of the Intercontinental Exchange (ICE), incurred a technical glitch on its platform that led to a fifteen-minute cessation of trading, according to a NYSE statement.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
The glitch effectively halted the largest trading venue in the United States for exchange-traded funds (ETFs), which occurred as a result of a software update. More specifically, the issue was related to a software update that rolled out during the weekend and was identified before the market opened Monday.
NYSE Arca sent a systems alert at approximately 9:08 ET – another alert was sent at 10:27 ET, which said that customers were receiving unsolicited trade cancellations. Consequently, at 10:46 ET, NYSE Arca sent an alert halting trading from 10:50 ET to 11:15 ET.
The situation has since been resolved – such technical glitches do occasionally occur, with other venues such as the Moscow Exchange and the Singapore Exchange (SGX), among others, also experiencing issues in the past. As exchanges adopt more comprehensive technical frameworks, the propensity of such glitches is bound to occur, though for its part NYSE Arca, which is responsible for 92% of US listed funds, quickly reconciled the issue.
The New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) Arca, an all-electronic Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term that’s part of the Intercontinental Exchange (ICE), incurred a technical glitch on its platform that led to a fifteen-minute cessation of trading, according to a NYSE statement.
To unlock the Asian market, register now to the iFX EXPO in Hong Kong.
The glitch effectively halted the largest trading venue in the United States for exchange-traded funds (ETFs), which occurred as a result of a software update. More specifically, the issue was related to a software update that rolled out during the weekend and was identified before the market opened Monday.
NYSE Arca sent a systems alert at approximately 9:08 ET – another alert was sent at 10:27 ET, which said that customers were receiving unsolicited trade cancellations. Consequently, at 10:46 ET, NYSE Arca sent an alert halting trading from 10:50 ET to 11:15 ET.
The situation has since been resolved – such technical glitches do occasionally occur, with other venues such as the Moscow Exchange and the Singapore Exchange (SGX), among others, also experiencing issues in the past. As exchanges adopt more comprehensive technical frameworks, the propensity of such glitches is bound to occur, though for its part NYSE Arca, which is responsible for 92% of US listed funds, quickly reconciled the issue.