Bloomberg News

NYSE Completes Recovery of ‘Engine’ That Matches Trades

November 12, 2012

The New York Stock Exchange said it has completed the recovery of a computer that matches orders and processes trades.

The exchange said there were still eight of 60 customer- connect gateways waiting to be connected back to the so-called matching engine, according to an e-mail at 10 a.m. New York time. All other CCGs were functioning properly, the exchange said.

NYSE Euronext (NYX:US) had said earlier that about 216 stock symbols were affected by the issue, including companies such as Travelers Cos., Nucor Corp. (NUE:US) and Discover Financial Services.

NYSE Euronext had called it a “critical issue” in an e- mail alert and said all other trading systems were functioning normally. The Nasdaq Stock Market had declared a “self help” against the NYSE, meaning the exchange could ignore some bids and offers on the Big Board until the malfunction was resolved.

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To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


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Companies Mentioned

  • NUE
    (Nucor Corp)
    • $54.96 USD
    • -0.21
    • -0.38%
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