Floor Trading News Today

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Press release content from PR Newswire. The AP news staff was not involved in its creation.

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Now, time assistant manager and allen, director of the floor trading for dmv trading. why is my phone blowing up? i have people on the street saying that this is a buying opportunity. we know whats going on with china. they gave us an opportunity and go back and forth with it. everything is going to be fine. do they want me to lose my mind? >> no, this is something that the trading professional really love, but for the individual investor remember the u.s. economy is growing. the job market is g...

But that is at least the latest information. we have -- let me get you to hold on ron. we also have brian sullivan. he joins us now from cnbc. we heard a brief statement read by one of your colleagues from the new york stock exchange. whats the latest there? >> reporter: the latest is what you just said open orders will be cancelled. what that means is if youre at home and you want to buy some stock in ibm and you hit buy, if you have not executed that order it will be cancelled because as you h...

Three hours for the new york stock exchange to come back online. and thats because you have so many backups in place. we are very, very reliant so build resilience and redundancy first. >> but if youre reliant on other computers to save you from the first row of computers, doesnt that just sort of kick the can down the road that eventually you will have that problem? >> right. eventually you meet arnold schwarzenegger in a dark alley. >> touche. >> to your point, though patrick, you can kind of ...

Four hour delay caused by a computer glitch and the dow jones is making its way back as trading resumes on the floor. now at 199, down 199 points again. keep in mind the floor trading accounts for about a quarter of total volume and we are seeing the volume start to decline. >> can you tell us are we in the clear then as you look at this and say that trading as has resumed. does that mean that they are back and healthy? >> it doesnt mean that there are any glitches. right now it looks good and t...

The airline blaming a router issue and thousands of passengers are still delayed. mary thompson has been keeping an eye on the nyse and tom costello who has been following the nyse story. >> they want to have it up and running by the close of trading today but he is targeting between 2:45 and 3:00 as the optimum time. we should note that all not the markets were closed. floor trading on the new york stock exchange was halted at 11:32. they do know the reason for the problems but he was not any m...