Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

NYSE will use Twitter and Facebook if email fails

DerekduPreez (2610513) writes | about 2 years ago

Facebook 0

DerekduPreez writes "The New York Stock Exchange (NYSE) has said that it plans to use Twitter and Facebook for finding buyers and sellers to close daily trading, following a technical glitch that saw its usual method of email fail.

At the end of trading last week an email notification was meant to alert investors to a stock with an outsize number of unfilled buy orders. However, this email was delayed by seven minutes.

uch delays at close could have caused the stock to leap higher or drop lower than its final trading level. This led to NYSE sending traders a notification on Thursday, which said that if email alerts fail again it will use social media distribution channels to help address buy and sell imbalances."

Link to Original Source

cancel ×

0 comments

Sorry! There are no comments related to the filter you selected.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>