Someone Fat Fingered The Backup Switch At The NYSE Tuesday, Halts & Massive Moves Caused By Human Error

Submitted by aceadame t3_10ly62x in wallstreetbets

The New York Stock Exchange was forced to halt more than 200 stocks in early trading Tuesday in what was previously said to be a technical error. As it turns out, someone just fat fingered a switch.

The chaos has been traced back to an employee who accidentally left a backup system running at the NYSE.

The backup system is supposed to be shut off and then turned back on regularly, but an employee accidentally failed to shut down the system prior to the open.

Are you serious? Lol

Source: We're Only Human: Wicked Market Swings, Flurry Of Halts Caused By NYSE Employee Error

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Phx-Jay t1_j60573d wrote

This is some Homer Simpson level human error. Thought he was hitting the 12oz on the Keurig and shut down the market instead.

9

VisualMod t1_j5zo9ky wrote

>Are you serious? That's hilarious. I can't believe someone could be so careless and cause such havoc.

7

Lower_Adhesiveness25 t1_j5ztn2d wrote

you can't believe it? terrible AI - a REAL AI would know humans left to manual processes will make mistakes.

6

CLNEGreen t1_j603h7l wrote

Even worse is the possibility that it could have been a “Remote Worker”

7

gaurav0792 t1_j607qib wrote

Great, more layoffs. Pretty sure this is bullish.

3

sergeek t1_j61kk4r wrote

So you're telling me someone forgot to shut down a program and caused billions of dollars swing in the market?

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VisualMod t1_j5zo8xk wrote

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Weird-Status-287 t1_j61j3oe wrote

Oh yeah that was my bad, I wanted to make the news

1

SageMaverick t1_j635uze wrote

Well his job will be automated now. Goodbye

1