Folks look at this article closely, these highly sophisticated trading systems were all down for 10 mins and that is a life time if you are a electronic trader.. Look at why, it was because of pricing & data meaning the buy and sell prices of stocks.. Coincidence with the Iraqi market or non related I don’t know but it sure is strange ~Street
NYSE, Nasdaq ‘normal’ after seeing trading issues
NYSE, Nasdaq, BATS and other exchanges reported issues with price and trading data Thursday afternoon, due to market-wide glitch at a key piece of market infrastructure that consolidates quotes and trading data.
The software issue was with the SIP, the Security Information Processor, for stocks listed on the New York Stock Exchange. It reported “market-wide issues” between 1:40 p.m. ET and 1:50 p.m. ET, according to alerts from the NYSE.
According to an alert on BATS Exchange, the NYSE shifted operations to its disaster recovery site in Chicago. The outage was reportedly caused by problems at the exchange data center in Mahwah.
Other exchanges reported problems after 1:50 p.m. when the systems were reconnecting. BATS trading desk reported no problems matching order but there were problems seeing what was on the tape. BATS declared operations normal at 2:10 p.m.
Options exchanges, like CBOE and Nasdaq OMX PHLX (Philadelphia exchange), were also affected because the issues affected Options Price Reporting Authority. OPRA provides last sale information and current options quotes to the 12 options exchanges.
The technical glitches coincided with a move up in the stock market, and traders said the coincidence which resulted in temporary spikes in some individual stocks, were later reversed. Traders also saw a coincidental jump in eMini S&P 500 prices and volume.