3 chapters across the catalog
New York Stock Exchange Technical Glitch and Erroneous Trades
A major technical glitch at the New York Stock Exchange caused hundreds of stocks, including Walmart and Exxon Mobil, to open at incorrect prices. The exchange was forced to cancel numerous trades that occurred outside of normal volatility bands. The hosts question if the "glitch" was a deliberate intervention to prevent market shorting.
July 2015 Tech Outages, United Airlines Router Failure
On a single Wednesday in July 2015, the New York Stock Exchange, United Airlines, and the Wall Street Journal all suffered significant technical failures. While media reports labeled these as "glitches," a producer reveals the United Airlines outage was caused by an internal DDoS situation resulting from poorly configured hardware. Officials ruled out cyberattacks despite the coincidental timing.
A computer glitch occurred at the opening of the New York Stock Exchange on a Friday, causing suspicion regarding the reliability of automated trading systems. Media coverage on CNBC reflected a sense of alarm among financial analysts. The hosts express skepticism toward official explanations that dismiss such events as mere technical errors.
