NYSE trading suspended due to technical problems
2023.01.24 14:59
NYSE trading suspended due to technical problems
By Tiffany Smith
Budrigannews.com – A technical issue caused a number of stocks to temporarily stop trading on the New York Stock Exchange shortly after the market opened on Tuesday.
The majority of the stocks are now trading again.
The issues with the opening auction were being investigated, according to an update on the stock exchange’s website, and all systems are now operational.
Dennis Dick, a trader at Triple D Trading, stated:
“What appears to have happened is a technical glitch where all of my opening orders on the NYSE autocancelled even though some of them should have been fulfilled.”
“They have corrected that now, but this is going to be a big mess to clean up,” the author asserts.
Randy Frederick, Charles Schwab’s managing director of trading and derivatives:
“Few stocks showed pretty sizable changes while they were halted, but by the time they reopened, they were pretty unchanged, so it seems like it was a technical issue,” the statement read.
Today’s markets are relatively calm. There appears to be no cause for concern.”
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