Floor Trading Resumes in Most NYSE Stocks Hit by Glitch

Friday, Jun 12, 2009  |  Updated 12:37 PM PDT
View Comments (
)
|
Email
|
Print
Floor Trading Resumes in Most NYSE Stocks Hit by Glitch

Getty Images

Traders working on the floor of the New York Stock Exchange.

advertisement

Floor trading has resumed in most stocks hit by midday computer glitch at the New York Stock Exchange.

A loss in server connectivity caused the NYSE to halt trades in about 242 companies for more than an hour.

Ray Pellecchia, spokesman for NYSE Euronext, told Reuters that the exchange was not planning on canceling trades in the affected stocks, which included CNBC-parent General Electric (NYSE: ge), Merck (NYSE: mrk), Bank of America (NYSE: bac) and Exxon Mobil (NYSE: xom).

"Everything has reopened for trading," said Pellecchia.

The NYSE detected problems routing trading orders to the floor at 10:43 a.m. Eastern and said about an hour later that floor trading was halted in the affected stocks so technicians could install replacement computer equipment.

For more stories from CNBC, go to cnbc.com.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
Bay Area Proud
Bay Area Proud is NBC Bay... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out