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

17

Comments

You must log in or register to comment.

VisualMod t1_j5zo8xk wrote

User Report
Total Submissions 0 First Seen In WSB 2 years ago
Total Comments 29 Previous Best DD
Account Age 4 years [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive

1

VisualMod t1_j5zo9ky wrote

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

7

CLNEGreen t1_j603h7l wrote

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

7

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

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?

2

SageMaverick t1_j635uze wrote

Well his job will be automated now. Goodbye

1