Posted on 08/22/2013 2:45:54 PM PDT by SatinDoll
Wondering why the ES is soaring? Because the NYSE just broke, too.
NASDAQ HAS DECLARED SELF HELP AGAINST NYSE ARCA (ARCA)
NASDAQ DECLARES SELF HELP AGAINST NYSE ARCA AS/OF 15:26:42 E.T
NYSE ARCA HAVING DIFFICULTY PROCESSING OUTBOUND TAPE C QUOTES
And BATS too:
BATS HAS DECLARED SELF-HELP AGAINST ANOTHER MARKET CENTER BATS SAYS ROUTING TO NYSE ARCA HAS BEEN SUSPENDED AS OF 15:39
An absolute circus meant only to preserve confidence in a rigged, manipulated system based on incorrect electronic trades.
Some of the comments are extraordinary, and except for those that are profane, well worth reading.
(The majority say it is an inside job!)
Uh...the NYSE closed 1:47 hours ago? Is the futures market messed up?
I don’t know, but the post is in ALL CAPS so it must be hugh and series!
For systems that are supposed to have layers of “fail safe”, this is very strange and concerning.
I have no idea what is happening. That is why I referenced the comments.
This appeared as an update on http://www.market-ticker.org/akcs-www?post=223800
“Update: It sounds like the Nasdaq has requested all other exchanges to stop all “Tape C” trade as well (that’s Nasdaq-listed securities.) One has to wonder if this is HFT-related (e.g. “caused” overloading) or whether this is some sort of actual failure.”
What do you make of “...stop all “Tape C” trade...”?
A real terrorist attack or just more common, ordinary workplace violence?
Don’t know. But this, posted on SHTFPlan.com yesterday, might give a hint:
Presidential Meeting Signals Catastrophic Event: “There Is a Crisis Unfolding Somewhere in the Background”
“This week, in a move that has spooked a lot of economic and financial analysts, President Barack Obama held a special, closed door meeting with the heads of the U.S. government’s financial, monetary and oversight agencies. It included members of the Federal Reserve, the FDIC, the CFTC, the SEC, and the Federal Housing Finance Agency.”
“This has left many wondering what is really going on – and if a serious event is about to take place yet again.”
Obama JUST met with Wall Street big wigs. This can NOT be coincidental.
Obama is getting desperate and wants to mash all of the buttons on the console in hopes of starting mass panic. Something is coming, I fear.
I am not a trader. I’d have to ask one.
Tape C is Nasdaq trades. Tape A is NYSE trades Tape B is AMEX The SIP data quoting server went down.
More than likely a software glitch. They handle a huge pipeline of info in msecs. Not to entirely rule out hacking though.
A lot of the commentators on ZeroHedge.com and Market-ticker.org are, indeed, in the business of trading in securities. That is why I read them.
There is still after hours trading.
I am not a tech wonk, but I thought that the trading servers had redundant systems.
Where do I find the comments to read please?
Of course they have redundant systems. It was the UTT SIP server that went down because it was unable to disseminate real time quotes. They fixed the problem in 30 minutes and spent 2 1/2 hours . . . in meetings.
see that zero hedge in red near the top left? Click on that.
Just wait until they hit our pitiful power grid. Back to the 1800s very quickly.
Other possibility: could it have been intentionally shut down if the ptb were concerned about something?
I fully agree. And what some of these guys are saying has me even more worried. Blaming a full blown crash on a glitch would be very convienient for some insiders.
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