Due to a systemic issue that caused queuing of customer orders entering through NYSE Broker Systems, last night’s closing auction for the bulk of our listed companies was delayed until approximately 4:05 pm to ensure that all customer interest could participate. The root cause of the order queuing is currently under review. Going forward, if there is a need to hold the close due to systemic issues, we will send a market wide notice to customers informing them of the event at 4:00 pm. Finally, we would like to apologize for any inconvenience that the slower closing auction may have caused you or your customers.
Category: Operations