May 6, 2010 / 11:17 PM / 9 years ago

NYSE Arca to cancel multiple trades

NEW YORK, May 6 (Reuters) - The New York Stock Exchange said on Thursday it would cancel all trades on its all-electronic trading platform NYSE Arca that were executed between 14:40 and 15:00 ET and that were more than 60 pct away from their last print at 14:40.

The move follows a similar decision by the Nasdaq after major U.S. indexes plunged 9.0 percent in afternoon trade before recovering to finish over 3.0 percent down. Traders suspect a trading glitch exacerbated the fall.

Reporting by Edward Krudy

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below