NASDARK Dumps To Red As Options Markets Fail For 12 Minutes

"Summers is out" exuberance appears to have been trumped by "the exchanges are down again" bull$hit. The moment that OPRA data dissemination ceased and exchanges began declaring self-help, the major indices began to plunge (as did AAPL even more to -2.5%). The Treasury complex is twisted with the belly -9bps and the long-end yields up 3bps (but that is compressing a little as equities give up their gains)... The total outage of all options exchanges is seen below from Nanex...

 

 

and AAPL did the same (after being dead for 40 minutes)...

 

Treasuries are rallyng as stocks fade... (though clearly the flattening is evident)...

 

and from Nanex - the 12 minutes of options silence... via Nanex

Total Option Outage

On September 16 at 13:30:39.549 option trades and quotes ceased across the board. The came back briefly for a few minutes, then went silent.

1. OPRA - each of the 48 multicast lines that carry option quotes and trades..
Trades appear almost 2 seconds after quotes, and after trades from other exchanges. Something got stuck.