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NASDAQ Trading Halted Due To "Technical Issue"

Posted by timothy on from the get-right-on-that dept.

barlevg writes "The Wall Street Journal reports that trading was halted midday Thursday due to an as-yet unnamed technical issue. Says SEC spokesperson John Nester, 'We are monitoring the situation and in are close contact with the exchanges.'"

16 of 240 comments (clear)

  1. Hello tech support? by Sponge+Bath · · Score: 5, Funny

    Have you tried turning it off and on again?

    1. Re:Hello tech support? by gforce811 · · Score: 4, Funny

      "3 times... You always tell me to do it 3 times."

      - The Website Is Down (http://youtu.be/uRGljemfwUE)

    2. Re:Hello tech support? by 605dave · · Score: 5, Funny

      You have to restart it while holding down the option key. That will flush the cash.

      --
      Be kind, for everyone you meet is fighting a difficult battle. - Plato
    3. Re:Hello tech support? by UnknowingFool · · Score: 5, Funny

      I don't know what you mean. It's working for me. [Unplugs coffee maker, plugs server back in]. --BOFH

      --
      Well, there's spam egg sausage and spam, that's not got much spam in it.
  2. MUAHAHAHAHA by GameboyRMH · · Score: 3, Funny

    Does this make anyone else happy for some reason?

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
    1. Re:MUAHAHAHAHA by JustOK · · Score: 4, Funny

      When I sell high, I always get the munchies.

      --
      rewriting history since 2109
  3. It's Apple's fault by Anonymous Coward · · Score: 2, Funny

    Their stock has been slipping, and right when it dipped below 500 per share, NASDAQ shits the bed.

    Coincidence? I think... yeah, probably, actually.

  4. It's Just a Casino Anyway... by DexterIsADog · · Score: 5, Funny

    ...which is why I keep all my money in bitcoins.

  5. Right about now ... by bizitch · · Score: 5, Funny

    .... there is a group of engineers ...

    - Flop sweating their asses off
    - Furiously searching their email for that ass-covering memo to their boss about the pricey "redundant this" or "redundant that" that the boss was too cheap to get
    - Wondering if there is enough alcohol on earth for what they will need later tonight

    --
    ---- "Logoff! That cookie shit makes me nervous!" - A. Soprano
    1. Re:Right about now ... by Etherwalk · · Score: 4, Funny

      .... there is a group of engineers ...

      - Flop sweating their asses off
      - Furiously searching their email for that ass-covering memo to their boss about the pricey "redundant this" or "redundant that" that the boss was too cheap to get
      - Wondering if there is enough alcohol on earth for what they will need later tonight

      This is the stock exchange. "Redundant this" and "Redundant that" were in the budget, and alcohol is plentiful.

  6. LET CHAOS REIGN by GameboyRMH · · Score: 5, Funny

    Quick, everybody spread rumors about shutdowns and buyouts, those Wall Street fatcats will shit their pants! >:D

    --
    "When information is power, privacy is freedom" - Jah-Wren Ryel
  7. Re:I feel indifferent. by Anonymous Coward · · Score: 4, Funny

    Smart man. Playing the day-trading game against the HFTs is like playing chess against Deep Blue. Might as well have a weight-lifting contest with a forklift.

  8. Don't forget about... by tool462 · · Score: 5, Funny

    ... the group of MBAs ...

      - Flop sweating their asses of
      - Furiously searching their email for that ass-covering memo where the IT guy said "Yeah, this should work"
      - Wondering if there is enough coke on earth to get them through the rest of the day

    For these guys, there are only two universal truths:
        1) This is absolutely, positively, 100% the IT guy's fault
        2) He can not fix this without the IT guy.
    The impotent rage would be palpable.

  9. Re:I don't understand the need for high-speed trad by runeghost · · Score: 4, Funny

    Seriously. Is there any real need (beyond that for connected players to be able skim money off the top) for anyone to be able to sell and buy stock (or commodities) in a tiny fraction of a second, instead of say, once every fifteen minutes or even longer?

    Time is money. Time passes as new information is acquired or transmitted. Shorter time intervals will therefore always be desirable for making a market more efficient and to accurately reflect reality. The more time it takes to buy and sell, the more risk there is in buying or holding stock, because the stock is less liquid and its value can change dramatically in very little time.

    Wait, wait, wait. I'm grokking some of the other points in favor of high-frequency trading, but are you actually claiming that the stock market reflects reality?

  10. Re:Hmmmm by runeghost · · Score: 4, Funny

    The NSA must be installing new taps.

  11. Dang that NSA server crashed? by bobbied · · Score: 3, Funny

    You KNOW the NSA has a server (or two) in the middle of all this.. Makes ya wonder eh?

    --
    "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101