21:19 GMT +322 November 2019
Listen Live
    A trader works on the floor of the New York Stock Exchange (NYSE) on February 6, 2015, in New York

    New York Stock Exchange Back in Business After Nearly 4-Hour Glitch

    © AFP 2019 / JEWEL SAMAD
    Business
    Get short URL
    297
    Subscribe

    The New York Stock Exchange halted trading in all symbols earlier on Wednesday, but has now resumed. Trading stopped around 11:30 a.m. ET (3:30 p.m. GMT) and began again at approximately 3:10 p.m. ET (7:10 p.m. GMT).

    Trading was temporarily suspended on the floor of the New York Stock Exchange (NYSE), the stock exchange said in a statement on Wednesday.

    Trading was stopped due to a technical issue. While there is no indication of cyberattack, officials are still unclear about the exact cause.

    “We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible. We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open,” a statement from a spokeswoman for the NYSE said.

    NYSE-listed stocks continued to trade despite the technical difficulties.

    "It's under control. We're just waiting for word. There's no sign of panic at all," Mark Otto of J. Streicher & Co in New York said from the NYSE floor.

    “We’re experiencing a technical issue that we’re working to resolve as quickly as possible,” the NYSE said in a Twitter statement earlier. “We’re doing our utmost to produce a swift resolution.”

    The NYSE is the largest stock exchange in the world with over $16.69 trillion in listed companies as of May 2015, according to the World Federation of Exchanges.

    Related:

    Texas Maintains Stockpile of Licensed Lethal Injection Drugs for Executions
    US Stocks Rally as Greece Asks EU for New Bailout
    China’s Stock Slump Widens as Stimulus Fails to Calm Investors
    Tags:
    stock exchange, trade, NYSE, New York Stock Exchange, United States, New York City
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik