A Data Glitch Has Halted Options Trading
Options trading briefly froze today after the Options Price Reporting Authority (OPRA)saw a system glitch.
Nasdaq, the CBOE, Bats and NYSE Euronext all ceased trading.
Options exchanges hit again by data-feed trouble
Another Day, Another Exchange Breaks
Good news: the market’s emergency selling preparedness test has been successful:
- U.S. OPTIONS EXCHANGES RSUMING TRADING AFTER OPRA ISSUE
Update, as supposedly things are unbroken again:
- as of 12:51 the CBOE and C2 are reopened and available for trading
It’s just getting silly. Just like last week, the CBOE’s OPRA has just given up the ghost.
And promptly, BATS “self-helps” itself against OPRA:
- BATS TO HALT OPTIONS TRADING FROM 1:30 PM UNTIL OPRA RESTORED
- BATS OPTIONS HALTS TRADING AT 1:30PM ON OPRA ISSUE
NASDARK Dumps To Red As OPRA Fails
“Summers is out” exuberance appears to have been trumped by “the exchanges are down again” bull$hit. The moment that OPRA data dissemination ceased and exchanges began declaring self-help, the major indices began to plunge (as did AAPL even more to -2.5%). The Treasury complex is twisted with the belly -9bps and the long-end yields up 3bps (but that is compressing a little as equities give up their gains)… The total outage of all options exchanges is seen below from Nanex…
More “Glitches”? CBOE Breaks Again! Another NASDArk Coming?! Amazon Web Services Suffer Second Outage In Seven Days