06/17/2009 (1:18 am)
Trading glitch halts some stocks on NYSE
Trading on more than 200 stocks was temporarily shut down on the New York Stock Exchange floor on Friday because of a server malfunction, according to the exchange.
Trading on some 250 stocks shut down at 11:30 a.m. ET and resumed at 12:10 p.m., according to the NYSE.
The exchange blamed the problem on a temporary loss of connectivity to three servers.
Three companies among the Dow Jones industrial average components were among those that experienced the temporary loss in connectivity: General Electric (GE, Fortune 500), Exxon Mobil (XOM, Fortune 500) and Merck (MRK, Fortune 500) loans until payday.
Electronic trading, and trading outside the NYSE, continued without pause, the exchange said. Traders who had experienced interruptions were allowed to cancel pending orders and put in new ones.
– David Siegel of CNN contributed to this report.
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