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NYSE/NYSE MKT has temporarily suspended trading in all symbols

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Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#71

Post by PhoenixWright »

This is what happens when you pay ENGINEERS less than 100k in NYC! This is what happens when you hire a bunch of H1Bs! This is what happens when you don't invest in tech infrastructure!

Why aren't Vladimir Tenev and Baiju Bhatt being acquihired? Why isn't David Byttow making 1 million plus as a full stack engineer for the NYSE? It's because companies, even those heavily dependent on their systems, see tech workers as a cost instead of THE business.

This will more than likely never change. Underpaid engineers vastly outperform their salaries. But when things like this happen I can't help but feel a little glee.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#73

Post by woodchuck64 »

swasheck wrote: post #7

UAL went down. WSJ down. NYSE halted. coincident? edit: based on everything that i've heard/read, the incidents are most likely not related. sorry for asking the question.

No need to apologize, my Bayesian inferences are going wild too.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#74

Post by swasheck »

curiousjorge wrote: post #50

wsj goes down, nyse goes down due to technical glitch. seems like a crazy coincidence or some very large state who have a track record of infiltrating and disrupting America electronically at a time when the leaders of that state is feeling the heat and need to stop speculators.

so you're saying that china has initiated some sort of half-cocked single-exchange attack? all other exchanges are operating, and trading is maintaining volume, and asset prices are stable. not sure i'm seeing the reasoning for such an attack.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#75

Post by chollida1 »

anonu wrote: post #65
chollida1 wrote: post #11

This isn't much of an issue for traders That's a nice benefit of having 40+ trading venues in the US. They had problems at the open as well with connectivity on one of their gateways. Issues like this crop up all the time and most of the time they are resolved before the open. The good news is that they aren't reporting any lost trades or trade busts yet so this isn't as bad as the BATS open at BATS:) Having said tha…

Actually, the FB IPO open fiasco was on Nasdaq not BATS. Nasdaq, has had way more serious issues in the last 2 or 3 years that I can recall compared to NYSE. [EDIT] The BATS issue you may have been referring to is BATS IPO when they tried to list on their own exchange. The technology failed miserably that day, so much so that they decided to pull the IPO altogether. One of the biggest fails I can think of.

Yep, I was wrong, you are right! I meant BATS IPO on the BATS.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#76

Post by pitnips »

omnipedal wrote: post #56
tuckermi wrote: post #35

Earlier quoted context omitted.

Sounds like a similar problem to the birthday paradox - only instead of looking at the likelihood of any two people in room having the same birthday, we are asking what is the likelihood of two major companies having the same major, visible failure day. There is a nice explanation and calculator here: http://betterexplained.com/articles/understanding-the-birthd... The parameters that you provide would be the number o…

If there's smoke there's fire. In my view, Occam's razor might indicate that coincidence is unlikely, and that the two major incidents in US on the same day China's market crash suggest it's a state sponsored cyber attack.

China's market has been crashing for a few days now. How does a cyber attack on the NYSE help China? All trades will go through just fine on NASDAQ and BATS.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#78

Post by omnipedal »

swasheck wrote: post #7

UAL went down. WSJ down. NYSE halted. coincident? edit: based on everything that i've heard/read, the incidents are most likely not related. sorry for asking the question.

they're highly likely related, your intuition is telling you that for a reason.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#79

Post by omnipedal »

pitnips wrote: post #76
omnipedal wrote: post #56

Earlier quoted context omitted.

If there's smoke there's fire. In my view, Occam's razor might indicate that coincidence is unlikely, and that the two major incidents in US on the same day China's market crash suggest it's a state sponsored cyber attack.

China's market has been crashing for a few days now. How does a cyber attack on the NYSE help China? All trades will go through just fine on NASDAQ and BATS.

maybe china doesn't have a sophisticated cyber-offense strategy so they are hitting whatever few targets they can.

Re: NYSE/NYSE MKT has temporarily suspended trading in all symbols

#80

Post by dataker »

omnipedal wrote: post #59
kr4 wrote: post #54

many worlds' renouned economic experts have claimed that we're likely headed for yet another great depression. But noone can give you the exact date right? Maybe wrong. I recently read that there's a pattern of stock market collapse in every 7 or so years. Recall 1973, 1980, 1987 and then 2001, 2008. Article [0] links this pattern with Shemitah year and goes on to establish perfect correlation of economic crisis in l…

out

Still an Ad Hominem attack

https://upload.wikimedia.org/wikipedia/commons/a/a3/Graham%2...

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