963. Stock Market "Glitch" Was an Epic Scam | Crypto vs. NYSE
Feb 16, 2023 ·
17m 22s
![963. Stock Market "Glitch" Was an Epic Scam | Crypto vs. NYSE](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/757eca26b0a6efd7f2851909825d67c9.jpg)
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Description
According to the New York Stock Exchange, human error is to blame for the glitch that caused wild fluctuations in share prices at the start of trading on the NYSE...
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According to the New York Stock Exchange, human error is to blame for the glitch that caused wild fluctuations in share prices at the start of trading on the NYSE on Tuesday. A NYSE employee who is based out of the exchange’s backup data center in Chicago failed to shut down the disaster-recovery system that is tested every day after the closing bell as part of routine maintenance. Over 80 stocks were experiencing suspiciously usual volatility, but the scammy recovery process is raising even more red flags.
~This episode is sponsored by CoinLedger~
Save 10% Using Discount Code "BARRON" ➜ https://coinledger.io/
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~This episode is sponsored by CoinLedger~
Save 10% Using Discount Code "BARRON" ➜ https://coinledger.io/
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Author | Rever Networks |
Website | - |
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