NYSE Resolves Software Glitch After Erroneous 99% Stock Drop Displays A software glitch during a Monday update caused the New York Stock Exchange (NYSE) to mistakenly halt trading on around 40 stocks and display abnormal trades showing a 99% drop, including in Berkshire Hathaway Inc. The issue, the third market disruption in a week, was resolved after 45 minutes by switching to a backup data center. NYSE will cancel incorrect trades and review the halts for further actions. The error occurred as the Consolidated Tape Association implemented a software update affecting the Securities Information Processor feed. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Rate Cut Speculation Dampens Gold Prices; Copper Struggles READ MORE Debt Service Costs Threaten Sustainable Development in Developing Countries READ MORE Opinion: Cutting Interest Rates is Misguided READ MORE Republic Bank Shuts Down; FDIC Coordinates $10 Billion Asset Transfer to Fulton Bank READ MORE Jeffrey Christian: No Significant Shift Away from the US Dollar READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment