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And Now The NYSE Breaks: NASDAQ HAS DECLARED SELF HELP AGAINST NYSE ARCA
Zero Hedge ^
| August 22, 2013
| Tyler Durden
Posted on 08/22/2013 2:45:54 PM PDT by SatinDoll
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To: catfish1957
Remember the Fat Fingers Incident? A few hundred off the Dow in 15 seconds....
21
posted on
08/22/2013 3:20:21 PM PDT
by
Cyber Liberty
(It wasn't the Rodeo Clown's act, it was the crowd reaction they could't take.)
To: grania
all kinds of possibilities but NASDAQ ain’t saying much. It’s a sure bet the FBI are on it though.
To: BipolarBob
and spent 2 1/2 hours . . . in meetings.2 1/2 hours to do an IT root cause analysis? That doesn't smell right.
23
posted on
08/22/2013 3:22:04 PM PDT
by
catfish1957
(Face it!!!! The government in DC is full of treasonous bastards)
To: Cyber Liberty; catfish1957
There is no evidence so far that anyone profited off of this. Equities were fairly straight and actually went up after the whole thing was over.
To: catfish1957
Agreed. It stinks to high heaven.
To: Cyber Liberty
A Flash Crash is a whole different animal. Flash Crashes are basically computers talking to computers whiich domino into hypersensitive market moves. Viable, but dangerous.
This is something that I am near 100% certain couldn't or shouldn't have happened.
26
posted on
08/22/2013 3:26:14 PM PDT
by
catfish1957
(Face it!!!! The government in DC is full of treasonous bastards)
To: catfish1957
27
posted on
08/22/2013 3:28:01 PM PDT
by
DManA
To: rarestia
Obama is getting desperate and wants to mash all of the buttons on the console in hopes of starting mass panic. Something is coming, I fear.
I hope you are wrong, I think you are if not totally correct then enough so to take this all very seriously.
To: rarestia
Obama JUST met with Wall Street big wigs. This can NOT be coincidental Correct...with all the fundraisers that could be attended and golf courses that could be played, ubama doesn't just "coincidentally" hold meetings.
29
posted on
08/22/2013 3:37:40 PM PDT
by
rhinohunter
(Freepers aren't booing -- they're shouting "Cruuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuz")
To: BipolarBob
In my job before retirement, as manager I had to conduct (among many other duties) risk assessments of my organization's computer application systems. All high and medium risk areas were required to have redundant multi-located servers that would be transparent during malfuctions.
How can this happen to what should be the most risk averse system on the planet? Again, this just doesn't smell right.
30
posted on
08/22/2013 3:51:04 PM PDT
by
catfish1957
(Face it!!!! The government in DC is full of treasonous bastards)
To: Excellence
31
posted on
08/22/2013 3:54:16 PM PDT
by
Excellence
(All your database are belong to us.)
To: catfish1957
Breaking fron CNBC is that the blame now is toward a software glitch, or a glitch from a software upgrade.
Software upgrade? I call Double BS on that one. Any updates would have gotten full vetting on a test server for at least a week.
The plot thickens.
32
posted on
08/22/2013 4:01:19 PM PDT
by
catfish1957
(Face it!!!! The government in DC is full of treasonous bastards)
To: carriage_hill
Yes. An EMP, while harmless to us, would kill 90% of the population within a year.
Have you read One Second After? Excellent book.
33
posted on
08/22/2013 4:15:14 PM PDT
by
upchuck
(My therapist says I have a preoccupation with vengeance. We'll see about that!)
To: SatinDoll
Thanks for the link. Lock and load.
34
posted on
08/22/2013 4:17:11 PM PDT
by
upchuck
(My therapist says I have a preoccupation with vengeance. We'll see about that!)
To: upchuck
35
posted on
08/22/2013 4:25:23 PM PDT
by
Carriage Hill
(Peace is that brief glorious moment in history, when everybody stands around reloading.)
To: SatinDoll
Is there someone who can explain the abbreviations? A more generalized report of what happened, in English?
36
posted on
08/22/2013 5:05:15 PM PDT
by
Excellence
(All your database are belong to us.)
To: Excellence
google “Black Swan” (Hint: Not the movie)
37
posted on
08/22/2013 5:06:23 PM PDT
by
Mad Dawgg
(If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
To: Mad Dawgg
Oh, crap. I really didn’t think this would happen till October.
38
posted on
08/22/2013 5:14:01 PM PDT
by
Excellence
(All your database are belong to us.)
To: Excellence
It’s a mell of a hess. A server went down and halted trading on the NASDAQ exchange. The other exchanges were not affected.Trading resumed 3 hours later with the normal BS cover-up story to explain it.
To: BipolarBob
But the NYSE went “self help,” too.
40
posted on
08/22/2013 5:43:12 PM PDT
by
Excellence
(All your database are belong to us.)
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