I don’t really understand what this article is about. Any light you guys could shed on it would be appreciated.
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 FIG, +1.23% Agree Realty Corp. ADC, -0.38% Graco Inc. GGG, -0.33% OneMain Holdings Inc. OMF, +2.14% Townsquare Media Inc. TSQ, -1.15% and BlackRock Resources & Commodities Strategies Trust BCX, -0.80% 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. ICE, +0.55% It isn’t exactly clear when the technical snafu will be fixed.