Seperate outages halt stock exchanges in both NY and Warsaw... sniff... sniff... something smell fishy?

NYSE cancels orders pending due to system flaw
UPDATE 3-NYSE cancels orders pending due to system flaw

Fri Aug 14, 2009 12:32am IST

(Updates to include notice on canceled orders)

NEW YORK, Aug 13 (Reuters) - The New York Stock Exchange said on Thursday orders pending due to an earlier systems outage were canceled.

The exchange said earlier that four matching engines were affected by the outage and some customers did not receive acknowledgments for their orders.

The NYSE also said it will not issue reports on orders entered prior to the open and with a pending status, but it did not say if those orders were also canceled.

Bank of America (BAC.N: Quote, Profile, Research) and some preferred Citigroup (C.N: Quote, Profile, Research) shares were part of the hundreds of securities included in a list missing acknowledgments, the exchange said. It did not say if orders for all those securities were canceled. (Reporting by Rodrigo Campos; Editing by Dan Grebler)

Power outage delays stock trading in Warsaw
Associated Press
2009-08-13 06:15 PM

A power outage delayed the start of trading Thursday at the Warsaw Stock Exchange, chairman Ludwik Sobolewski said.

Trading usually begins at 9 a.m. (0700GMT) but was delayed for nearly three hours, when a backup system kicked into operation.

Sobolewski said trading was expected to end as usual at 4:30 p.m. (1430GMT).

He said the market's front-line systems should resume operation early next week. It was not immediately clear what caused the power outage.


DMG note:
Conspiracy theorists will note that the affected stocks include TARP heavy Bank of America (BAC.N) and some preferred Citigroup shares.
Source: http://www.businessinsider.com/another-glitch-strikes-the-new-york-stock-exchange-2009-8