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NYSE halt roils market as malfunction hits biggest exchange

It has been a rough day at the New York Stock Exchange, which was forced to shut down its main market today due to a computer malfunction.

By Sam Mamudi, Bloomberg | Updated on July 08, 2015
The New York Stock Exchange building in New York City. (AP Photo)

(Bloomberg) — The New York Stock Exchange shut down its main market because of a computer malfunction, forcing traders to steer orders elsewhere in the biggest disruption to an American equity venue in almost two years.

The suspension, announced to securities firms through notices on the NYSE website around 11:32 a.m., dropped the largest U.S. share platform out of the network of trading platforms that make up the American equity market. That network kept running, however, as other exchanges such as the Nasdaq Stock Market and Bats Global Markets Inc. picked up the runoff.

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