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“The issue we are experiencing is an internal technical issue and is not the result of a cyber breach,” the NYSE said in a statement.
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“We chose to suspend trading on NYSE to avoid problems arising from our technical issue,” “NYSE-listed securities continue to trade unaffected on other market centers.” the statement further said.
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After four hours of trading halt the exchange resumed trading on NYSE and NYSE MKT, the New York Stock Exchange said.
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The way things are going in global stockmarkets this would have been a blessing in disguise.Consider China, Main maket has plunged 30% since12th june,total value loss around 3.5 trollian inUSD terms(the size of entire stock market value of say France).
In order to prop up markets 72 % of all shares remain frozen (suspendedfor sale)interest rates are reduced,sale of large stakes are discuraged,brokering houses spend billions in stock buying, govt entities are ordered to p execute buyorders, ect.ect.