# Technical glitch halts NASDAQ trading

**URL:** <https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [August 22, 2013, 6:31pm UTC](https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896 "2013-08-22T18:31:34Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![deltasigma](https://avatars.discourse-cdn.com/v4/letter/d/e5b9ba/32.png) [@deltasigma](https://boards.straightdope.com/u/deltasigma)\
**Post date:** [August 22, 2013, 6:31pm UTC](https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896/1 "2013-08-22T18:31:34Z")

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Don’t see any information on [this](http://www.cnbc.com/id/100980827) other than the fact that it seems to be a technical trading problem but it does come on the heels of some serious trading “mistakes” by [Goldman Sachs yesterday](http://www.bloomberg.com/news/2013-08-20/goldman-says-exchanges-working-to-resolve-options-order-mishap.html). Trading is to resume by 2:45PM.

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**Author:** ![Jonathan\_Chance](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jonathan_chance/32/701_2.png) [@Jonathan\_Chance](https://boards.straightdope.com/u/Jonathan_Chance)\
**Post date:** [August 22, 2013, 11:22pm UTC](https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896/2 "2013-08-22T23:22:53Z")

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Yeah, cause that was fun in my branch today. Urgh.

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**Author:** ![deltasigma](https://avatars.discourse-cdn.com/v4/letter/d/e5b9ba/32.png) [@deltasigma](https://boards.straightdope.com/u/deltasigma)\
**Post date:** [August 22, 2013, 11:51pm UTC](https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896/3 "2013-08-22T23:51:21Z")

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Some [more info](http://www.businessinsider.com/trading-resumes-on-the-nasdaq-2013-8) on the unprecedented 3 hour outage.

> [@](#):
>
> NASDAQ said the unprecedented trading halt this afternoon was due to a UTP SIP quote dissemination issue.  
> (UTP stands for “unlisted trading privileges” and refers to the ability of other exchanges to trade securities listed on the NASDAQ. SIP stands for “securities information processor” and is the system that allows NASDAQ to send quotes for those securities to other exchanges.)

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**Author:** ![smee\_goan](https://avatars.discourse-cdn.com/v4/letter/s/f07891/32.png) [@smee\_goan](https://boards.straightdope.com/u/smee_goan)\
**Post date:** [August 23, 2013, 12:54am UTC](https://boards.straightdope.com/t/technical-glitch-halts-nasdaq-trading/666896/4 "2013-08-23T00:54:54Z")

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Dead cat bounce.

I’m on vacation this 9-11 for two weeks.

In the words of NBC Today Show’s Matt Lauer,

> [@](#):
>
> Let me think about this for a minute, …no, no comment they might lose my luggage

commenting on story of USSR’s Putin martial infidelity.

ML going to Sociey, USSR for Winter Olympics
