The New York Stock Exchange stopped trading in the late morning Wednesday because of a technical issue, though shares continued to trade on other exchanges.
The exchange says a technical problem that has suspended trading since late morning is an internal technical issue and not the result of a security breach.
Trading continued on Nasdaq and other exchanges.
The White House says President Barack Obama has been briefed on the technical issue that has halted trading.
Trading exchanges have struggled with technical trouble in recent years. In May 2010, the Dow Jones industrial average plunged hundreds of points in minutes due to mass selling triggered by computerized trading programs. In March 2012, BATS Global Markets, a Kansas company that offers stock trading services, canceled its own IPO after several technical snafus.
Two months later, a highly anticipated IPO of Facebook on the Nasdaq exchange was marred by a series of technical problems, rattling investors unsure if their orders to trade went through. In 2013, trading in options in Chicago was halted due to an outage caused by software problems.
— AP
Your next read: ToI Editors' Picks
LIMITED TIME OFFER: Join The Times of Israel Community today, and you'll receive a physical book of your choice, carefully curated by our editors.
Choose between two must-reads: When We See You Again by Rachel Goldberg-Polin, a searing portrait of a mother’s grief and strength following unthinkable tragedy;
Or Out of the Sky: Heroism and Rebirth in Nazi Europe by Matti Friedman, the gripping and surprising tale of a forgotten moment during World War II.
As a Community member, you’ll enjoy our outstanding DocuNation series of Israeli documentary films, an ad-free experience of our site and podcasts, commenting privileges, and more.
CHOOSE YOUR BOOK
CHOOSE YOUR BOOK
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this
From the Liveblog of
Wednesday, July 8, 2015
Add ToI as a Preferred Source on Google
