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Just breaking now on Bloomberg.The NYSE is going to cancel certain traders associated with 6 stocks, following this morning’s weird technical glitch.
This is going to flip a lot of traders out.
Everytime there’s been some kind of weird trading glitch,realises that people hate it, but they hate the idea of ripping up trades and calling a do-over.
The stock exchange says canceled trades will affect stocks that swung at least 30%, and it says that the review is ongoing.
According to trader Mike Bergen on Twitter, the tickers are: WZE, CO, UTG RT, EJ, ARC, KWK