NYSE System Issue

Incident Report for DriveWealth

Resolved

Pursuant to rulings by NYSE and other market centers, executions in the following symbols and conditions have been busted. https://www.nyse.com/trader-update/history#110001114097 ; https://www.nyse.com/trader-update/history#110001114099

Trading on BRK.A is resumed.

Symbols Review Time At or below (Price)
ARGT 9:35:00-9:36:00 $60.95
ASR 9:48:00- 9:49:00 $309.25
BMO 10:09:00- 10:10:00 $86.14
BOND 9:38:00 -9:39:00 $87.61
BRK.A 9:50:00 -9:51:00 $603,718.30
CMG 09:44:00- 09:45:00 $3,007.00
DFEN 10:22:00- 10:24:00 $27.43
DXYZ 10:06:00- 10:07:00 $13.34
GLP 9:35:00 -9:36:00 $45.60
GOLD 09:56:00- 09:57:00 $15.39
KFRC 10:00:00-10:01:00 $60.25
SMR 09:42:00- 09:43:00 $8.08
SPYU 10:22:00- 10:23:00 $35.98

Posted Jun 03, 2024 - 16:29 EDT

Update

DriveWealth anticipates that NYSE and other market centers will rule to bust trades that occurred in BRK.A this morning at prices below approximately $600,000. We will wait to resume trading in BRK.A until a regulatory ruling on these prior trades is made.

Posted Jun 03, 2024 - 11:41 EDT

Update

Trading on GOLD is resumed.

Posted Jun 03, 2024 - 10:47 EDT

Update

Trading on SMR is resumed.

Posted Jun 03, 2024 - 10:44 EDT

Update

Trading on CMG is resumed.

Posted Jun 03, 2024 - 10:31 EDT

Investigating

NYSE is investigating a technical issue impacting their system. Due to the ongoing issue, DriveWealth is disabling trading in certain NYSE listed securities (including BRK.A, CMG, GOLD, and SMR) while NYSE investigates. Open orders in these symbols will be cancelled back to partners.

Posted Jun 03, 2024 - 10:22 EDT