NYSE Arca to cancel multiple trades

NEW YORK (BestGrowthStock) – The New York Stock Exchange said on Thursday it would cancel all trades on its all-electronic trading platform NYSE Arca that were executed between 14:40 and 15:00 ET and that were more than 60 pct away from their last print at 14:40.

The move follows a similar decision by the Nasdaq after major U.S. indexes plunged 9.0 percent in afternoon trade before recovering to finish over 3.0 percent down. Traders suspect a trading glitch exacerbated the fall.

Stock Trading

(Reporting by Edward Krudy)

NYSE Arca to cancel multiple trades