NYSE Says Sell Short Restriction Was Triggered Erroneously

Reuters2023-01-25

The New York Stock Exchange said on Wednesday that a sell short restriction was "erroneously" triggered in a set of ticker symbols for companies listed on the exchange on Tuesday that led to a glitch at market open.

The glitch prevented the opening auctions for a slew of stocks, prompting widespread trading halts, confusion over whether orders were being filled at the correct prices and trades in more than 250 securities being busted.

The SSR is a process aimed at limiting short selling. The goal is to prevent short sellers from pushing the shares of a company lower.

The SSR will be deactivated prior to the NYSE opening on Wednesday, the company said.

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Comments

LimBT
2023-01-26
LimBT
Ok
andrew123
2023-01-26
andrew123
Omg
PingPing80
2023-01-25
PingPing80
Wat the.....
LimBT
2023-01-25
LimBT
Ok

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNYSE Says Sell Short Restriction Was Triggered Erroneously\n</h2>\n\n<h4 class=\"meta\">\n\n2023-01-25 21:21 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The New York Stock Exchange said on Wednesday that a sell short restriction was \"erroneously\" triggered in a set of ticker symbols for companies listed on the exchange on Tuesday that led to a glitch ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYSE","symbol_name":"纽交所","start_time":0,"source_url":"","article_id":"2306106805","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2306106805","pubTimestamp":1674652875,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"The New York Stock Exchange said on Wednesday that a sell short restriction was \"erroneously\" trigge","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NYSE":"纽交所",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"translate_title":"纽约证券交易所称卖空限制是错误触发的","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NYSE":1,".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"The New York Stock Exchange said on Wednesday that a sell short restriction was \"erroneously\" triggered in a set of ticker symbols for companies listed on the exchange on Tuesday that led to a glitch at market open.The glitch prevented the opening auctions for a slew of stocks, prompting widespread trading halts, confusion over whether orders were being filled at the correct prices and trades in more than 250 securities being busted.The SSR is a process aimed at limiting short selling. 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