A New York Stock Exchange price-bands technical glitch has affected six dozen stocks and caused Berkshire Hathaway Class A stocks to lose $908.65 billion in market capitalization before it was fixed. Most affected stocks have resumed trading, but some are still paused. The glitch stemmed from CTA price data and was not caused by cyberattack or malware.https://www.notebookcheck.net/NYSE-price-bands-tech-glitch-causes-Berkshire-Hathaway-Class-A-stocks-to-lose-908-650-000-000-in-market-cap-before-fix.843886.0.html
This happens when running important data on Xeon dinosaurs
Quote from: David.M on June 03, 2024, 23:35:38This happens when running important data on Xeon dinosaurs
2022 is a dinosaur? They are using RHEL on IBM z16 (https://www.ibm.com/products/z16) with Telum CPU (https://www.anandtech.com/show/16924/did-ibm-just-preview-the-future-of-caches).
Not a glitch the algos just didn't have anything left to swap their naked shorts after market rose so much and dark horse stocks like Gamestop stepped on their neck.
What you see is their collateral slipping.
All brokers and the banks that own them and all types of exchanges are essentially scammers and rip-offs. These are facts proven thousands of times. But this criminal system of taking away the money of naive simpletons is untouchable. The same "deep state" that is outside the laws. All officials have a stake and are corrupt, bribed by key players. This whole rotten scam system needs to be eliminated.