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Thread: Trading halted on NYSE floor

  1. #31
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by eohrnberger View Post
    Well, we can't. Didn't we off shore all those jobs?
    Should have showed them some love in a more timely fashion, me thinks. You think business if re-thinking that decision?
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by ReverendHellh0und View Post
    So.
    We are to believe that United, NYSE, WSJ all had glitches the same day? I think getting eaten by a shark is more likely....
    Plus Anonymous seemed to know something was up prior to it happening. Wierd that.
    How often do you suppose that three different computer systems have an issue on the very same day?
    I may be wrong.

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    Re: Trading halted on NYSE floor

    Quote Originally Posted by Simon W. Moon View Post
    How often do you suppose that three different computer systems have an issue on the very same day?
    Anonymous issued cryptic tweet on eve of NYSE suspension | TheHill

  4. #34
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by Simon W. Moon View Post
    How often do you suppose that three different computer systems have an issue on the very same day?

    systems like that that? If the IT department wasn't maintaining %99.999 uptime, they would be fired. It's industry standard.


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  5. #35
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by Simon W. Moon View Post
    How often do you suppose that three different computer systems have an issue on the very same day?
    Quote Originally Posted by ReverendHellh0und View Post
    systems like that that? If the IT department wasn't maintaining %99.999 uptime, they would be fired. It's industry standard.
    Given the tens of thousands of systems of that scale that are operational these days, it's very likely. I'd also point out that it was only NYSE's internal trading platform that was affected by yesterday's outage. Anyone trading NYSE securities on any other platform were trading without issue.

    Furthermore NYSE said today that it was brought down by a botched software update: New York Stock Exchange Explains Wednesday's Computer Glitch - Fortune
    Help fight Zika, TB, HIV/AIDs and water pollution by donating your CPU's excess processing time to computing-based scientific research.

  6. #36
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by brothern View Post
    Given the tens of thousands of systems of that scale that are operational these days, it's very likely. I'd also point out that it was only NYSE's internal trading platform that was affected by yesterday's outage. Anyone trading NYSE securities on any other platform were trading without issue.

    Furthermore NYSE said today that it was brought down by a botched software update: New York Stock Exchange Explains Wednesday's Computer Glitch - Fortune

    What do you think United's operational uptime percentage is? The NYSE? Why would the NYSE engage in an upgrade mid week? Why did that anonymous tweet seem to be in the know?

    yeah it was only the dog and pony trading floor, but its far too coincidental to believe the reports.


    If my system went down for 3 hours, people would be fired and providers would be sued. we operate above that %99.999 threshold. do you think the NYSE or united, or the WSJ would operate any less efficient?


    Matthew 10:34
    Think not that I am come to send peace on earth: I came not to send peace, but a sword.

  7. #37
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by brothern View Post
    Furthermore NYSE said today that it was brought down by a botched software update: New York Stock Exchange Explains Wednesday's Computer Glitch - Fortune

    From your link.


    "On Tuesday evening, the NYSE began the rollout of a software release in preparation for the July 11 industry test of the upcoming SIP timestamp requirement. As is standard NYSE practice, the initial release was deployed on one trading unit. As customers began connecting after 7am on Wednesday morning, there were communication issues between customer gateways and the trading unit with the new release. It was determined that the NYSE and NYSE MKT customer gateways were not loaded with the proper configuration compatible with the new release."


    We do this on a tuesday?

    What happened to the redundancy? why could they not roll back in seconds?

    Are they saying that the overlooked the OTHER HALF of a systems upgrade, IE the clients and connectivity?


    Matthew 10:34
    Think not that I am come to send peace on earth: I came not to send peace, but a sword.

  8. #38
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by Simon W. Moon View Post
    How often do you suppose that three different computer systems have an issue on the very same day?
    Yeah, some folks are suffering from the Texas Sharpshooter Fallacy.
    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.

  9. #39
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by ReverendHellh0und View Post
    What do you think United's operational uptime percentage is? The NYSE? Why would the NYSE engage in an upgrade mid week? Why did that anonymous tweet seem to be in the know?

    yeah it was only the dog and pony trading floor, but its far too coincidental to believe the reports.


    If my system went down for 3 hours, people would be fired and providers would be sued. we operate above that %99.999 threshold. do you think the NYSE or united, or the WSJ would operate any less efficient?
    The NYSE's trading is halted all the damn time due to technical glitches. It's happened at least 4 times this year that I can remember.
    Help fight Zika, TB, HIV/AIDs and water pollution by donating your CPU's excess processing time to computing-based scientific research.

  10. #40
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    Re: Trading halted on NYSE floor

    Quote Originally Posted by brothern View Post

    Furthermore NYSE said today that it was brought down by a botched software update: New York Stock Exchange Explains Wednesday's Computer Glitch - Fortune

    wait this is a hoot....


    "NYSE and NYSE MKT began the process of canceling all open orders, working with customers to reconcile orders and trades, restarting all customer gateways and failing over to back-up trading units located in our Mahwah, NJ datacenter so trading could be resumed in a normal state"


    Mahwah is the backup now? (it's not, SHHHHH)

    and it took them 3 ****ing hours to fail over?

    Many of my customers have fault tolerance and redundancy, "failover" ranges from near instant, to about 10 mins.


    Matthew 10:34
    Think not that I am come to send peace on earth: I came not to send peace, but a sword.

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