A technical malfunction at the New York Stock Exchange on Wednesday resulted in the suspension of trading of about 200 securities, a NYSE spokeswoman confirmed to MarketWatch. The glitch occurred soon after the start of trading at 9:30 a.m. E.T. and the NYSE is working to resolve the issue, the spokeswoman said. The malfunction is affecting just about 4% of NYSE-listed securities. Stocks that were suspended on the Big Board are being rerouted to other exchange venues, including NYSE Arca, an NYSE-run trading platform. Fortress Investment Group , Agree Realty Corp. , Graco Inc. , OneMain Holdings Inc. , Townsquare Media Inc. and BlackRock Resources & Commodities Strategies Trust are among the securities suspended on the NYSE. The NYSE spokeswoman said orders related to those impacted securities have been cancelled. The NYSE Group is a unit of Intercontinental Exchange Inc. . It isn’t exactly clear when the technical snafu will be fixed.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News