NYSE Arca Suffers Technical Glitch, Affecting Hundreds of ETFs

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

NYSE Arca Suffers Technical Glitch, Affecting Hundreds of ETFs

Postby kreslik.news » Tue Mar 21, 2017 7:27 am


NYSE Arca, an equities and options exchange owned and operated by the Intercontinental Exchange (ICE), suffered a technical glitch earlier this week, effectively stifling the closing auction for upwards of 341 securities.

Glitches at exchanges are nothing new and periodically shut down or inhibit operations at a number of worldwide venues. Back in December 2016, NYSE Arca experienced a technical glitch on its platform that led to a fifteen-minute cessation of trading.

This week’s technical difficulties occurred on Monday, affecting NYSE Arca’s auction mechanism. They were attributed to a new version of software. The auction mechanism is used to determine ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”