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Flying Squid to [email protected] • 1 year ago

Glitch at New York Stock Exchange Throws Markets Into Chaos

gizmodo.com

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Glitch at New York Stock Exchange Throws Markets Into Chaos

gizmodo.com

Flying Squid to [email protected] • 1 year ago
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Financial markets experienced the second technical glitch in less than a week on Monday morning. Premium stocks displayed prices at a 99 percent discount.
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  • @[email protected]
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    13•1 year ago

    I read somewhere that Berkshire Hathaway HFT algorithm was to blame for the “glitch”.

    • Flying SquidOP
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      13•1 year ago

      HFT should be banned. If we’re going to keep up this illusion of a stock market, at least make humans do it.

  • edric
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    22•1 year ago

    Maybe they’re scrambling to do something with GME because of DFV’s post yesterday. lol

    • @[email protected]
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      8•1 year ago

      I really like the idea of random people causing chaos in the stock market. Fuggit I’ve got nothing to lose.

    • @[email protected]
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      3•1 year ago

      They’ve covered those calls they sold him, right?

  • @[email protected]
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    7•1 year ago

    That’s no glitch

  • @[email protected]
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    22•1 year ago

    Sell me all the frozen orange juice futures yall got!

    • Ben Hur Horse Race
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      3•1 year ago

      classic

    • jackeryjoo
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      10•1 year ago

      Ironically, this would net them huge profit right now with the global shortage of orange juice happening.

      • @[email protected]
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        11•1 year ago

        • Flying SquidOP
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          8•
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          1 year ago

          If only we could see more of what happened to them in Coming to America happen to other traders…

          • @[email protected]
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            4•1 year ago

            Yeah, but they end up getting a bailout from a rich unknown benefactor.

  • 🇰 🌀 🇱 🇦 🇳 🇦 🇰 🇮 🏆
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    5•
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    1 year ago

    But it ain’t no lie, baby

    BUY BUY BUY!

  • Waldowal
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    16•1 year ago

    That glitch that discounts stock prices by a percentage?! What? Does that block of the code normally only discount a stock by a percentage under different circumstances?

    • @[email protected]
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      7•1 year ago

      You can invoke it with “speaker of the house” privileges.

  • granolabar
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    7•1 year ago

    Wrong people lost money, it ain’t no thing tho, they undid them trades today…

    Clown fucking markets

  • @[email protected]
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    34•1 year ago

    • @[email protected]
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      14•1 year ago

      Ook ook mutha fucka!

  • DominusOfMegadeus
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    123•1 year ago

    It’s almost as if the made up nonsense of the stock market isn’t propped up by anything real.

    • @[email protected]
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      11 months ago

      deleted by creator

      • @[email protected]
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        3•1 year ago

        And if my actions in a game cause chaos, it’s much more limited to a silly little game world, rather than ruining innocent lives IRL.

  • @[email protected]
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    9•1 year ago

    I saw this hacking movie before…

  • @[email protected]
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    40•1 year ago

    It seems all these glitches happen when a particular stock is halted. Whats the pattern here?

    • @[email protected]
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      1 year ago

      The pattern is they’re making shit up.

      Also, speaking from professional IT experience, there is no such thing as a glitch. (There always are things that occur and to be analysed and fixed, but the more critical the data is or the transactions are, the more robust things are built/done.)

      • @[email protected]
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        4•1 year ago

        Things definitely go wrong in production all the lmao, even critical systems can fail

        • @[email protected]
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          3•1 year ago

          Of course they do.

          By bugs (self or dependency), negligence, wrong setup or architecture, for example.

      • @[email protected]
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        23•1 year ago

        “Glitch” is just the layman’s catch-all term for a problem.

        • @[email protected]
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          1 year ago

          Like “hacking.” The vast majority of breaches are accomplished by password acquisition or social engineering. Why try to break 128-bit AES encryption when I can see your dog’s name on every instagram post? The user is most commonly the weakest point in security.

        • @[email protected]
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          2•1 year ago

          Especially by these “laymen”, which in fnancials absolutely know what they are doing.

        • Iapar
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          5•1 year ago

          Thought a glitch is when a graphical interface bugs with artifacts and such.

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