The New York Stock Exchange suspended trading on its main market this morning due to a technical malfunction, causing the largest disruption of an American equities platform in almost two years.
The stock market announced trade suspension on its website at around 11:32 EDT. An NYSE spokesperson said the company was addressing technical issues that it hoped to resolve as soon as possible.
A post from the NYSE’s on Twitter suggested the same, saying the halt in trading was not due to a cyber breach.
(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.
— NYSE (@NYSE) July 8, 2015
Though rare, computer breakdowns in electronic markets have become part of life for American investors. Two years ago, the Nasdaq Stock Market halted trading for three hours because of a broken price feed.