By Noel Young

The New York Stock Exchange unexpectedly shut down trading in all of its listed stocks late Wednesday morning.

The exchange made clear on Twitter that it was not an attack: “The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.”

A trader on the floor told the New York Times that after the suspension began, traders were told that the problem was related to updated software that was rolled out before markets opened on Wednesday.

According to the trader, the exchange said that the new software caused problems soon after trading began Read full story ›

Source: The Drum