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NYSE halts trading. (Original Post) lonestarnot Jul 2015 OP
They're saying technical issues octoberlib Jul 2015 #1
United and now NYSE? Tommy_Carcetti Jul 2015 #2
That was my first thought. djean111 Jul 2015 #4
Snooze denying connection lonestarnot Jul 2015 #9
May delay China traders from liquidating US stocks to cover losses/margin calls on the Shanghai Ex. leveymg Jul 2015 #34
Shots Across The Bow..... global1 Jul 2015 #3
What's that monster Obama up to now? randome Jul 2015 #5
cyber attack, why else? irisblue Jul 2015 #6
United and the trade floor? WilliamPitt Jul 2015 #7
Just unplug it then plug it back in. JaneyVee Jul 2015 #8
OK, now that was funny! Le Taz Hot Jul 2015 #10
Clean the gunk out of the mouse. hifiguy Jul 2015 #11
... Scurrilous Jul 2015 #13
Take the lunch out of the keyboard. lonestarnot Jul 2015 #14
It's worth a try Glassunion Jul 2015 #20
that worked with our microwave! KittyWampus Jul 2015 #28
Format the C: drive, that should fix it Fumesucker Jul 2015 #33
Lol, try defragmenting flobee1 Jul 2015 #35
I crash my Adnoid all the time to beat it to the punch. Eleanors38 Jul 2015 #42
..... Tommy_Carcetti Jul 2015 #37
I blame Bane and the League of Shadows. Orrex Jul 2015 #12
China TBF Jul 2015 #15
And add the troubles in EU. Maybe our stock market is not so stable today? jwirr Jul 2015 #41
Your candle looks scared... TeeYiYi Jul 2015 #16
Dat poor candle is tired. Endless war is hard work. lonestarnot Jul 2015 #19
I think it knows something... TeeYiYi Jul 2015 #24
Damn polygamists. bigwillq Jul 2015 #17
Coup in Mexico, surely...nt SidDithers Jul 2015 #18
Now saying internal issue. lonestarnot Jul 2015 #21
!!! zappaman Jul 2015 #38
I hope not! B Calm Jul 2015 #22
and right on que, faux noise, "we don't want to cause a panic, but what if this is just a trial run a kennedy Jul 2015 #23
a link G_j Jul 2015 #25
Damn Windows 8 strikes again. Thanks, Bill Gates. madinmaryland Jul 2015 #26
Never mind Windows 8. Try XP. MineralMan Jul 2015 #27
XP was one of the most stable of the OS's. madinmaryland Jul 2015 #29
Yes. I was sad to have to abandon it. MineralMan Jul 2015 #30
Message auto-removed Name removed Jul 2015 #31
Don't worry--regularly sceduled theft will resume shortly. n/t Orsino Jul 2015 #32
Thanks, Obama Hiraeth Jul 2015 #36
Someone's trying to make up losses from China holdings, IMO. closeupready Jul 2015 #39
Well, they tried to tell us gay marriage would destroy the world... ladyVet Jul 2015 #40
I'm not saying it's aliens.... NightWatcher Jul 2015 #43

leveymg

(36,418 posts)
34. May delay China traders from liquidating US stocks to cover losses/margin calls on the Shanghai Ex.
Wed Jul 8, 2015, 12:55 PM
Jul 2015

Last edited Wed Jul 8, 2015, 01:37 PM - Edit history (2)

Just like '29. Margin calls were/are? a major source of contagion across the Board.

Follows right along from with this extraordinary news from earlier today:

China Bans Stock Sales by Major Shareholders for Six Months
Source: Bloomberg

by Ye XieBelinda Cao
July 8, 2015 — 8:10 AM EDT
Updated on July 8, 2015 — 9:19 AM EDT

China’s securities regulator banned major shareholders, corporate executives and directors from selling stakes in listed companies for six months, its latest effort to stop the nation’s $3.5 trillion stock-market rout.

Investors with stakes exceeding 5 percent must maintain their positions, the China Securities Regulatory Commission said in a statement. The rule is intended to guard capital-market stability amid an “unreasonable plunge” in share prices, the CSRC said.

While China has already ordered government-owned institutions to maintain or boost their stock holdings, the CSRC’s directive expands the ban on sales to non-state companies and potentially foreign investors who own major stakes in mainland businesses. Regulators have unveiled market-boosting measures almost every night over the past 10 days, steps that have so far failed to revive investor confidence. Foreign traders sold Chinese shares at a record pace this week in part due concerns over the government’s meddling in markets.

“This is not something that would happen in the U.S. or in any other developed market,” said Brian Jacobsen, who helps oversee $250 billion as the chief portfolio strategist at Wells Fargo Funds Management. “It does smell a little bit of desperation. But in China it’s a very unique system and they are taking unique steps to try to stop the drop.”

Read more: http://www.bloomberg.com/news/articles/2015-07-08/china-bans-stock-sales-by-major-shareholders-for-six-months

global1

(25,242 posts)
3. Shots Across The Bow.....
Wed Jul 8, 2015, 11:50 AM
Jul 2015

First United and now NYSE - seems like something more sinister is going on. Cyber attacks. Hacking. Hmmmm......

 

randome

(34,845 posts)
5. What's that monster Obama up to now?
Wed Jul 8, 2015, 11:56 AM
Jul 2015

Or is it the NSA? No! It's Snowden getting his revenge on all of us!

Or...there are 2 technical glitches at the same time. It must be Wednesday.
[hr][font color="blue"][center]There is nothing you can't do if you put your mind to it.
Nothing.
[/center][/font][hr]

TBF

(32,053 posts)
15. China
Wed Jul 8, 2015, 12:21 PM
Jul 2015

Tumbling stock in China could be affecting other exchanges

They are saying technical issues and that could also be true - United airlines was down for awhile today so perhaps some cyber-attacking going on??

Could be either, or something else entirely ...

a kennedy

(29,655 posts)
23. and right on que, faux noise, "we don't want to cause a panic, but what if this is just a trial run
Wed Jul 8, 2015, 12:34 PM
Jul 2015

to see what the U.S. would do in a crisis". Right, they don't wast to cause a panic..... I dispise faux noise. Ugh

G_j

(40,367 posts)
25. a link
Wed Jul 8, 2015, 12:36 PM
Jul 2015
http://www.nytimes.com/2015/07/09/business/dealbook/new-york-stock-exchange-suspends-trading.html

The New York Stock Exchange unexpectedly shut down trading in all of its listed stocks late Wednesday morning.

The exchange did not immediately give an explanation for what caused the shutdown. In an alert on its website, it wrote: “Additional information will follow as soon as possible.”

The New York Stock Exchange, which is now owned by Intercontinental Exchange, has had, like other stock exchanges, technical difficulties in the past, but the scale of the problem on Wednesday has little precedent.

Nearly 45 minutes after the shutdown, there was still little clarity on what was causing the problem. Stocks listed on the New York Stock Exchange continued trading on other exchanges, such as Nasdaq.

In a statement, a Nasdaq spokesman said: “Nasdaq systems are operating normally and are trading all symbols including Tape A (NYSE) securities.”

Other exchanges operated by the New York Stock Exchange, such as its options exchange, continued operating normally on Wednesday.

Law enforcement agencies with federal government are monitoring the situation but as of midday Wednesday there was no indication of anything malicious with the troubles at the N.Y.S.E., said several people briefed on the situation.

MineralMan

(146,288 posts)
30. Yes. I was sad to have to abandon it.
Wed Jul 8, 2015, 12:43 PM
Jul 2015

In reality, the NYSE, itself, doesn't operate on any version of Windows, I'm sure. I was just making a Microsoft joke.

By the way, I'm still using Office 2000 on a daily basis. I believe it was the very best version of Word, at least, by far. I've been installing it on every new computer I've purchased. I use Word constantly in my work, and dislike every version after 2000, with a white hot hatred.

Response to lonestarnot (Original post)

 

closeupready

(29,503 posts)
39. Someone's trying to make up losses from China holdings, IMO.
Wed Jul 8, 2015, 01:46 PM
Jul 2015

By manipulating the market. Just speculating.

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