Federal regulators are investigating a that drove wild price swings in blue-chip stocks, and resulted in the cancelation of trades in more than 250 securities, including shares of Nike, Verizon and McDonald's. The NYSE, which is owned by Intercontinental Exchange, said a 'system issue' prevented the opening auctions in a subset of its listed stocks on Tuesday morning. Those stocks began trading without an opening print, or the price used as the benchmark at the opening bell, causing erroneous pricing that the exchange said will be declared null and void, with the resulting trades canceled.
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