UPDATE, 3:30 p.m.: The NYSE trading halt is over.
Trading on NYSE and NYSE MKT has resumed
— NYSE (@NYSE) July 8, 2015
UPDATE, 2:14 p.m.: NYSE President Tom Farly told CNBC that the market will re-open on Wednesday.
BREAKING: NYSE Pres. Farley tells CNBC that the current plan is to re-open the market around 2:45 or 3pm » https://t.co/jvkuQmCl7n — CNBC Now (@CNBCnow) July 8, 2015
UPDATE, 1:43 p.m.: A Twitter account connected to the hacking group Anonymous (@YourAnonNews) sent out a tweet on Tuesday that may have foreshadowed Wednesday morning's New York Stock Exchange trading halt:
Wonder if tomorrow is going to be bad for Wall Street.... we can only hope. — Anonymous (@YourAnonNews) July 8, 2015
UPDATE, 12:55 p.m.: The New York Stock Exchange Twitter account sent out a series of tweets stating that the issue is technical, not a "cyber breach." Marketwatch reports that President Obama has been briefed on the trading halt and that the Treasury Department and White House aer "monitoring the situation."
(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach. — NYSE (@NYSE) July 8, 2015
(2 of 3) We chose to suspend trading on NYSE to avoid problems arising from our technical issue. — NYSE (@NYSE) July 8, 2015
(3 of 3) NYSE-listed securities continue to trade unaffected on other market centers. — NYSE (@NYSE) July 8, 2015
--The New York Stock Exchange suspended the trading of all listed stocks just before noon on Wednesday. In an alert on NYSE.com, no explanation for the halt was given, but it is noted that "additional information will follow as soon as possible." The alert also explains that all open orders are being cancelled. "We're currently experiencing a technical issue that we're working to resolve as soon as possible," the NYSE told CNBC on a live broadcast, according to Business Insider. "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."
CNBC reporter Carl Quintanilla pointed out on Twitter that the official @NYSE account reported a "technical issue" as early as 8 a.m. on Wednesday.
The @NYSE did put out this notice just after 8am (via @eamonjavers) @CNBC #NYSE pic.twitter.com/t8lKfoMLOl — Carl Quintanilla (@carlquintanilla) July 8, 2015
This is not the first time the New York Stock Exchange has had technical issues, but according to The New York Times, this halting of trades "has little precedent."
