Not again! Maybe suspended for ever?
Russian Stock Market has suspended trading
11–15 of 15 posts
Re: Russian Stock Market has suspended trading
#12This is a not-infrequent situation. We have an announcement over the PA system any time an exchange is having technical difficulties. It doesn't happen super often, but I'd say that it happens somewhere in the world one to two times a month. The exchanges usually bust a bunch of trades that happened right before the outage, depending on the nature of the problem. One would hope that that would be sufficient to preven…
News reports say that MICEX last had a similar technical failure on Dec 19th, 2011.
This is a frequent occurrence.
Re: Russian Stock Market has suspended trading
#13"The situation has been recognized as an emergency. Further actions will be announced shortly." You couldn't pay me enough to be in that war room right now
They're investing a few millions in those people's education right now. You'd learn a lot, and it would cost you just a few sleepless nights.
Re: Russian Stock Market has suspended trading
#14This is a not-infrequent situation. We have an announcement over the PA system any time an exchange is having technical difficulties. It doesn't happen super often, but I'd say that it happens somewhere in the world one to two times a month. The exchanges usually bust a bunch of trades that happened right before the outage, depending on the nature of the problem. One would hope that that would be sufficient to preven…
ASX shutdown for 4 hours on option expiry day.
http://www.abc.net.au/lateline/business/items/201110/s335003...
Also, so did HKEx (for the entire day, on option expiry day!) due to a typhoon (?), as far as I recall.
This is non-news. Exchanges do stop trading unexpectedly sometimes and it's hardly specific to Russia. I'm not sure what was the submitter's interest in it.
Re: Russian Stock Market has suspended trading
#15This is a not-infrequent situation. We have an announcement over the PA system any time an exchange is having technical difficulties. It doesn't happen super often, but I'd say that it happens somewhere in the world one to two times a month. The exchanges usually bust a bunch of trades that happened right before the outage, depending on the nature of the problem. One would hope that that would be sufficient to preven…
ASX shutdown for 4 hours on option expiry day. http://www.abc.net.au/lateline/business/items/201110/s335003... Also, so did HKEx (for the entire day, on option expiry day!) due to a typhoon (?), as far as I recall. This is non-news. Exchanges do stop trading unexpectedly sometimes and it's hardly specific to Russia. I'm not sure what was the submitter's interest in it.
I posted here because I find the HN crowd to be ahead of the curve on news like this (security, tech, etc).
For example, previous posts have called this out as a non-event, which I found informative. I learned that exchanges are not as fault-tolerant as I thought. That is why I posted.