Or the highly paid management who thinks they know everything about everything and that actual technical experts need to be kept in their place."Tech failings" is a symptom of cost cutting combined with laziness and/or incompetence.
Only few hours to go before market close, will it come back today ?
Man, this looks worst than the "Fat Finger" trade when markets were closed for a number of hoursIt's been down for three hours so far so my money is on "no". That kind of outage would indicate that it's not an easy fix and they will need to test their systems fully before going back online.
Man, this looks worst than the "Fat Finger" trade when markets were closed for a number of hours
Right, it's official.
Done for the day.
Line up for 10am tomorrow.
Hopefully....
So the worry now is making sure the trades from 10 to 10:30 today do not disappear tomorrow morning?The ASX says equity markets will not open for the remainder of today.
The underlying cause of the issue has been identified and a resolution path is in place, allowing trading to commence tomorrow at 10am AEDT.
hoffentlich
Surely trades completed prior to the outage will remain--I had several complete around 10.20. But I think everything not completed would be purged to start afresh tomorrow morn?So the worry now is making sure the trades from 10 to 10:30 today do not disappear tomorrow morning?
They should remain, but who knows what happen when they rewind the tape or have the monkey retyping orders from the backupsSurely trades completed prior to the outage will remain--I had several complete around 10.20. But I think everything not completed would be purged to start afresh tomorrow morn?
So the worry now is making sure the trades from 10 to 10:30 today do not disappear tomorrow morning?
The ASX is an exchange. Once a price asked has been accepted on the bid it is sold.Surely trades completed prior to the outage will remain--I had several complete around 10.20. But I think everything not completed would be purged to start afresh tomorrow morn?
Tailor Made Combinations off till further notice,
Extremely stressful and potentially costly to have this happen so close to options expiry !!
was IB showing an "invalid order" message when you tried to put on an option combo?
if so, looks like it's still down today. got that message when trying to do a roll at close to market value and the MMs are showing spreads on both legs so it's not like there's no liquidity. luckily only minimal impact for me as it's just a small position, but still annoying.
Hi @Sharkman,
Yep I get that message with IB ( placed a test for you ) I'm pretty much squared up with IB, apart from a small position ( a synthetic call backspread )
With my aussie broker I'm having to leg this week, pretty stressful as orders are vetted and painfully slow, stressful but I had a small win with reverse slippage... ( please forgive my made up terms, trying to describe the opposite of when the market moves against me when legging a spread... you folks know what I mean)
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