NYSE trading halted due to ‘technical issue’ [Update: Trading resumed]

Update 3:20 PM EST: After a 3.5 hour shutdown, the NYSE has started trading again. All is well on Wall Street.

It’s a pretty rare day when the whole of the New York Stock Exchange (NYSE) halts trading due to computer glitches, but today is one of those days.

There’s a technical problem stopping trading, but a spokesperson says it’s working quickly to fix the problem:

“We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible. We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open.”

We’ll keep you updated when trading resumes.

Update: The NYSE tweeted to reassure that the downtime isn’t the result of a security breach.

(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.

— NYSE (@NYSE) July 8, 2015

(2 of 3) We chose to suspend trading on NYSE to avoid problems arising from our technical issue.

— NYSE (@NYSE) July 8, 2015

(3 of 3) NYSE-listed securities continue to trade unaffected on other market centers.

— NYSE (@NYSE) July 8, 2015

An NYSE spokesperson gave the following statement about today’s trading interruption:

The New York Stock Exchange and NYSE MKT experienced a technical issue and, consistent with our regulatory obligations, the decision was made to suspend trading as we worked to identify the cause and resolve it. The root cause was determined to be a configuration issue. Trading of NYSE-listed stocks continued on NYSE Arca and other U.S. trading venues throughout this process. We resumed trading on NYSE and NYSE MKT shortly after 3pm, andthe market closed normally at 4pm.

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Featured image credit: Wikimedia