The New York Stock Exchange said on Tuesday that it experienced a trading issue that temporarily impacted multiple stocks including 3M, Verizon and Wells Fargo.
"On January 24, 2023, due to a system issue, the NYSE did not conduct opening auctions in a subset of its listed securities. This system issue resulted in continuous trading of those securities commencing at 9:30am without an opening auction print. As a result, a number of Core Trading Session trades occurred prior to the receipt of Limit Up Limit Down bands. These trades are eligible under NYSE Rule 7.10 to be reviewed as Clearly Erroneous" a portion of the update explained.
"In addition, for those securities that did not conduct an opening auction and entered an LULD pause before 9:30:45, the Exchange is evaluating marking the trades as aberrant ) on the consolidated tape," NYSE said. Screenshot of the New York Stock Exchange's website on Jan. 24, 2023.
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