Trading was temporarily suspended on the floor of the New York Stock Exchange (NYSE), the stock exchange said in a statement on Wednesday.
BREAKING: No trades being executed on the #NYSE floor due to a technical glitch pic.twitter.com/6za2iJ3ZwR
— Erin Dresch (@erindresch) July 8, 2015
Trading was stopped due to a technical issue. While there is no indication of cyberattack, officials are still unclear about the exact cause.
(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
“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,” a statement from a spokeswoman for the NYSE said.
NYSE-listed stocks continued to trade despite the technical difficulties.
"It's under control. We're just waiting for word. There's no sign of panic at all," Mark Otto of J. Streicher & Co in New York said from the NYSE floor.
Another pic of traders on the #NYSE floor, unable to do anything. #BREAKING pic.twitter.com/hx4skvClVz
— Erin Dresch (@erindresch) July 8, 2015
“We’re experiencing a technical issue that we’re working to resolve as quickly as possible,” the NYSE said in a Twitter statement earlier. “We’re doing our utmost to produce a swift resolution.”
The NYSE is the largest stock exchange in the world with over $16.69 trillion in listed companies as of May 2015, according to the World Federation of Exchanges.