A junior employer who failed to shut down the servers running The NYSE (New York Stock Exchange) resulted in a significant fluctuation of prices among some company shares—these companies are now likely to seek compensation.


This article by Ryan Hogg, writing for Insider, makes these points about the flow on effects to the  NYSE  when a technician failed to shut down a backup system properly:
  • The NYSE had to halt trading of several stocks for 15 minutes.
  • Around 250 stocks were affected, with shares beginning at unusually high or low prices.
  • The cost to brokers and retail traders is expected to be significant.



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