The New York Stock Exchange is planning to review trades made this morning just after the market opened. The stock exchange said that many trades made this morning were thought to be mistaken. It plans to review the trades and it expects “that most of the impacted trades will be busted.” According to a Wall Street Journal Market Pulse piece, Amex, the Nasdaq Options Market and the Chicago Board of Trade were affected by the problem trades and all are reviewing the orders. The trades were placed this morning between 9:30 am and 9.47 am and impacted equities with tickers…
NYSE Looks To ‘Bust’ Bad Trades
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.