NYSE investigates technical issue in Limit Up-Limit Down (LULD) bands causing trading halts in several stocks.
NYSE is investigating a technical issue related to its Limit Up-Limit Down (LULD) bands, causing trading halts in several stocks, including Berkshire Hathaway, Chipotle Mexican Grill, and Barrick Gold. The LULD mechanism is designed to prevent trades in securities from happening beyond specific price bands. The investigation is ongoing and the full extent of the issue and its impact on trading remain unclear.
June 03, 2024
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