Your Money is Safe Despite NYSE Trading Freeze

NYSE halts trading due to technical issues

NYSE Twitter 2

At 11:32 AM ET, trading on the New York Stock Exchange was halted due to technical issues.  While such an event is unsettling and raises concerns about everything from investment dollars to cyber security, it’s important to remember that stocks listed on the NYSE trade on 11 other exchanges including the NASDAQ.

“Your 401(K) money is safe. Your stocks are safe. Orders get executed in many places.  Investors should relax,” says Art Hogan, Managing Director, Chief Market Strategist at Wunderlich Securities.

Hogan does say, however, that things could get messy if the technical glitch is not fixed by the close of trading at 4:00 PM ET.

“It’s fine to have stocks trading on other exchanges throughout the day, but there has to be a set closing price.  When you consider that 20% of the volume on the exchange is done at the open and close, that could get complicated.”

The Dow Jones Industrial average was down 184 points when the halt occurred, trading at 17,592.  Investors have been unnerved by the debt crisis in Greece and the drop in the Chinese stock market.

Shutdowns like this are rare.  The last news grabbing halt, the “Flash Freeze,” occurred in August of 2013.  It was determined that there was an internal technical problem and not an external attack.  Thus far, the government and the exchange are closely monitoring the situation but have made no mention of suspicion or foul play.



6 Responses to Your Money is Safe Despite NYSE Trading Freeze

  1. PICk_Pock says:

    ✔❃❂❁❀✔.This is simple with ◕^^◕. blackenterprise ◕^^◕…. Keep Reading

  2. Pingback: Your Money is Safe Despite NYSE Trading Freeze | actuality online

  3. NuSmile says:

    Want to have a catchy and perfect smile without going to the dentist? Look no further! Visit our site at http://www.nusmilemarketing.co…, to know more about achieving a great smile without bothering to go to the dentist, which costs a lot of money!

    Our product, Press On Veneers, is a revolutionary cosmetic dental veneer that is the ideal solution for solving a wide variety of cosmetic challenges, as it serves as a non-invasive cosmetic option that before now many could never afford. Using Press On Veneers as a cosmetic removable dental veneer for an everlasting smile enhancement. Press On Veneers can last for years and yet is affordable enough to be temporary. It has also proven to be a terrific incentive for our clients who are in need of but are hesitant to commit to costly restorative treatment.

    Our Press On Veneer’s unique, lab direct process is a proprietary process formula of hi-tech dental resin designed and casted to create a perfect cosmetic veneers of a perfect and straight teeth smile made to fit over your existing teeth.

    We make it very thin yet extremely durable. It fits right over your own teeth to give you a beautiful, natural looking smile – even if you have stains, chips, gaps or missing teeth.

  4. NuSmile says:

    Want to have a catchy and perfect smile without going to the dentist? Look no further! Visit our site at http://www.nusmilemarketing.co…, to know more about achieving a great smile without bothering to go to the dentist, which costs a lot of money!

    Our product, Press On Veneers, is a revolutionary cosmetic dental veneer that is the ideal solution for solving a wide variety of cosmetic challenges, as it serves as a non-invasive cosmetic option that before now many could never afford. Using Press On Veneers as a cosmetic removable dental veneer for an everlasting smile enhancement. Press On Veneers can last for years and yet is affordable enough to be temporary. It has also proven to be a terrific incentive for our clients who are in need of but are hesitant to commit to costly restorative treatment.

    Our Press On Veneer’s unique, lab direct process is a proprietary process formula of hi-tech dental resin designed and casted to create a perfect cosmetic veneers of a perfect and straight teeth smile made to fit over your existing teeth.

    We make it very thin yet extremely durable. It fits right over your own teeth to give you a beautiful, natural looking smile – even if you have stains, chips, gaps or missing teeth.

  5. NuSmile says:

    Want to have a catchy and perfect smile without going to the dentist? Look no further! Visit our site at http://www.nusmilemarketing.co…, to know more about achieving a great smile without bothering to go to the dentist, which costs a lot of money!

    Our product, Press On Veneers, is a revolutionary cosmetic dental veneer that is the ideal solution for solving a wide variety of cosmetic challenges, as it serves as a non-invasive cosmetic option that before now many could never afford. Using Press On Veneers as a cosmetic removable dental veneer for an everlasting smile enhancement. Press On Veneers can last for years and yet is affordable enough to be temporary. It has also proven to be a terrific incentive for our clients who are in need of but are hesitant to commit to costly restorative treatment.

    Our Press On Veneer’s unique, lab direct process is a proprietary process formula of hi-tech dental resin designed and casted to create a perfect cosmetic veneers of a perfect and straight teeth smile made to fit over your existing teeth.

    We make it very thin yet extremely durable. It fits right over your own teeth to give you a beautiful, natural looking smile – even if you have stains, chips, gaps or missing teeth.

  6. Pingback: Your Money is Safe Despite NYSE Trading Freeze | Urban Unity Post

Leave a Reply

Your email address will not be published. Required fields are marked *