June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

Nasdaq options exchanges briefly declare 'self-help' against NYSE AMEX

Published 03/13/2015, 11:59 AM
© Reuters.  File of pedestrians walk past the NASDAQ MarketSite in New York's Times Square
NDAQ
-

NEW YORK (Reuters) - Nasdaq OMX Group Inc (O:NDAQ) said on Friday that several of its operated exchanges briefly declared "self-help" against the NYSE AMEX options exchange.

Self-help, which occurs when an exchange is dealing with internal problems processing trades and needs to send orders through alternate venues, was declared by Nasdaq OMX PHLX, Nasdaq OMX BX Options and Nasdaq Options Market at about 10:46 a.m ET against the NYSE Amex.

NYSE Amex Options said in a market status alert that live orders except those classified as 'good-til-canceled,' would be canceled. The Nasdaq exchanges revoked the self-help declaration at around 11:14 a.m. ET.

© Reuters.  File of pedestrians walk past the NASDAQ MarketSite in New York's Times Square

NYSE Amex Options is one of the two U.S. options exchanges run by NYSE, the other being NYSE Arca Options.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.