Page 2 of 7 FirstFirst 1234 ... LastLast
Results 11 to 20 of 63

Thread: Trading halted on NYSE floor

  1. #11
    Guru
    brothern's Avatar
    Join Date
    Jan 2013
    Location
    Chicago, IL
    Last Seen
    12-03-16 @ 03:42 PM
    Gender
    Lean
    Centrist
    Posts
    2,900
    Blog Entries
    8

    Re: Trading halted on NYSE floor

    Quote Originally Posted by Peter Grimm View Post
    Well I don't know about you, but I'm going straight to the store to buy bottled water and canned beans.
    Life must be very hard for you.
    Help fight Zika, TB, HIV/AIDs and water pollution by donating your CPU's excess processing time to computing-based scientific research.

  2. #12
    Banned
    Join Date
    Dec 2011
    Location
    The anals of history
    Last Seen
    07-25-15 @ 12:05 PM
    Gender
    Lean
    Progressive
    Posts
    10,348

    Re: Trading halted on NYSE floor

    Quote Originally Posted by brothern View Post
    Life must be very hard for you.
    Remember that time the concept of sarcasm went right over your head?

  3. #13
    Sage
    Montecresto's Avatar
    Join Date
    Aug 2013
    Last Seen
    03-13-16 @ 09:59 PM
    Lean
    Undisclosed
    Posts
    24,561

    Re: Trading halted on NYSE floor

    The Chinese stock exchange has lost 3.2 trillion dollars in the last week!!!!!!!!
    Killing one person is murder, killing 100,000 is foreign policy

  4. #14
    Sage
    Chomsky's Avatar
    Join Date
    Apr 2015
    Location
    Third Coast
    Last Seen
    Today @ 03:25 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    11,893

    Re: Trading halted on NYSE floor

    Quote Originally Posted by Montecresto View Post
    The Chinese stock exchange has lost 3.2 trillion dollars in the last week!!!!!!!!
    There's 'motivation'!
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

  5. #15
    Sage
    Gaius46's Avatar
    Join Date
    Dec 2012
    Location
    New York
    Last Seen
    Today @ 04:11 PM
    Gender
    Lean
    Libertarian
    Posts
    6,698

    Trading halted on NYSE floor

    Quote Originally Posted by Chomsky View Post
    I'm no I.T. guy, but I have worked in telecom - in systems like those supporting the NYSE, I'd expect a ton of robust redundancy.

    So yes, this does smell like an attack.

    "If it looks like a duck, walks like a duck, and quacks like a duck"

    "Occam's Razor"

    And all that other good stuff ...
    I work in IT and essentially for the NYSE - not on paper because of the way things are organized but in reality. Yes there is massive redundancy but that doesn't help if there's a bug in someone's code, which is the usual suspect when trading is halted for technical reasons. It happens, not often, but it happens. And when it does some poor slobs that I work with spend days dealing with the aftermath.

    Alternatively, if you're in CT mode, trading was halted because of international issues and before the market tanks and technology is a convienent cover story.
    Last edited by Gaius46; 07-08-15 at 12:34 PM.
    Quo usque tandem abutere, Trump, patientia nostra?

  6. #16
    Educator
    Join Date
    Sep 2014
    Last Seen
    07-18-15 @ 12:26 PM
    Gender
    Lean
    Liberal
    Posts
    731

    Re: Trading halted on NYSE floor

    Given the volume of trades on the NYSE and the incredibly narrow fault tolerance in that kind of thing, I'm shocked it doesn't go down a lot more often. I mean, all it takes to royally screw things up would be that one brokerage gets information 100 milleseconds faster than another because a particular server is having problems and the first brokerage will take billions of dollars off the second brokerage in very short order. They aren't working with the kinds of flexibility for errors and slowdowns and failover that say Google has the luxury of working with.

    Somehow we went, very quickly, from the general public being in awe whenever techies figured out how to do something mostly right some of the time to the public being in utter disbelief if technology ever has any kind of problem... Techies are awesome, but they're not gods.

  7. #17
    Preserve Protect Defend
    Beaudreaux's Avatar
    Join Date
    Sep 2012
    Location
    NC
    Last Seen
    Today @ 10:34 PM
    Gender
    Lean
    Undisclosed
    Posts
    13,003

    Re: Trading halted on NYSE floor

    Quote Originally Posted by brothern View Post
    This happens literally all the time.
    At all three at the same time? Look, I don't think there's anything to it. I added the last sentence for the CT subthread guys. You have to admit though, that all three going down at the same time is one heck of a coincidence.
    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

  8. #18
    Preserve Protect Defend
    Beaudreaux's Avatar
    Join Date
    Sep 2012
    Location
    NC
    Last Seen
    Today @ 10:34 PM
    Gender
    Lean
    Undisclosed
    Posts
    13,003

    Re: Trading halted on NYSE floor

    Quote Originally Posted by American View Post
    Don't forget batteries.
    In the South it's bread and milk. Like when it snows.
    Everything in your life is a reflection of a choice you have made. If you want a different result, don't blame someone else, or expect others to make a change, you should stop complaining and make a different choice. Remember, the circumstances of your birth don't determine the outcome of your life.

  9. #19
    Sage
    jmotivator's Avatar
    Join Date
    Feb 2013
    Location
    Virginia
    Last Seen
    Today @ 10:39 PM
    Gender
    Lean
    Conservative
    Posts
    13,387

    Re: Trading halted on NYSE floor

    Quote Originally Posted by American View Post
    Don't forget batteries.
    That is just staving off the inevitable. Invest in potato seeds. I hear they can double as batteries!
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

  10. #20
    Sage

    Join Date
    Oct 2007
    Location
    New York
    Last Seen
    12-06-16 @ 09:56 AM
    Gender
    Lean
    Centrist
    Posts
    11,646

    Re: Trading halted on NYSE floor

    Reportedly, the NYSE will resume trading between 2:45 PM and 3:00 PM. Still, there are few concrete details about what happened.

Page 2 of 7 FirstFirst 1234 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •