While We Were Offline - The Market Broke, Was Fixed (Stocks Slumped), & Broke Again

This morning we experienced an unprecedented surge in traffic which brought our servers to a grinding halt. We are happy to announce that we are now back up. In the meantime... a pre-emptive attempt at plunge protection (by breaking NYSE just like on Monday) failed as NYSE re-opens and stocks slumped. Seeing this, the NYSE decided to break again and stocks ripped...

Monday, we saw the market break and stocks soar instantly to unchanged on the week as volatility was crushed. Amid all the carnage overnight, the SNB stepped in to save Europe and now The NYSE appears to have done its best to save American markets... by breaking... However, shortly after the cash open, it was fixed and the selling pressure was unleashed.

  • *BATS EXCHANGE: BATS BYX EXCHANGE HAS DISABLED ROUTING TO NYSE
  • *BATS BZX EXCHANGE HAS DISABLED ROUTING TO NYSE
  • *BATS EDGA EXCHANGE HAS DISABLED ROUTING TO NYSE
  • *NYSE EXPECTS TO RESOLVE TECHNICAL ISSUES BEFORE 9:30AM OPEN




The issues were resolved shortly after the market open... and this happened...

 

Thebn broken again...

 

And this happened...

 

It's good to know that the new normal rigged markets remain even without our oversight for an hour.