The New York Stock Exchange on Tuesday halted all transactions for three hours, due to what it maintained was a technical glitch. Trading continued on the other exchanges belonging to its owner, holding company Intercontinental Exchange. “The markets did not plummet with the shutdown,” said Jim Wright, chief investment officer at Harvest Financial Partners. While not a great day, it did not appear to be a trading disaster,” he said. The official reason for the shutdown was a technical glitch caused by an update gone wrong.
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Posted by: Richard Adhikari July 9, 2015 09:15 AMThe New York Stock Exchange on Tuesday halted all transactions for three hours, due to what it maintained was a technical glitch. Trading continued on the other exchanges belonging to its owner, holding company Intercontinental Exchange. “The markets did not plummet with the shutdown,” said Jim Wright, chief investment officer at Harvest Financial Partners. While not a great day, it did not appear to be a trading disaster,” he said. The official reason for the shutdown was a technical glitch caused by an update gone wrong.