NYSE Shut Down Likely Due to Power Outage

Tom Farley, NYSE Group President, spoke with Bloomberg Television’s Stephanie Ruhle about the glitches that brought the NYSE trading to a halt for three and half hours.
On what led to the shutdown, Farley said: “We were getting intermittent messages of customers not seeing the exact behavior that they would otherwise expect with respect to messages. I didn’t feel like we had the level of trust in our systems that is required and I made the decision, working with regulatory team and counsel’s office, let’s suspend trading.”