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Computer Problem Affects Wall Street

June 17, 2009

What happens when your computer is not working? What do you think Wall Street would do if their computers stopped working?

In an article by Matt Krantz, printed in USA Today, the New York Stock Exchange suffered a loss of trading for more than 200 hundred stocks, including General Electric and ExxonMobil. The problem was isolated to a connectivity problem of a single server that stopped trading on the floor. Due to safeguards in the system, these stocks were able to be traded electronically through the NYSE’s Arca system as well as on other exchanges.

 
While the problem was resolved with the installation of a replacement server, there was still a 40 minute period where there was no money flow through the busiest stock exchange in the nation. This outage highlights the fact that Disaster Recovery/Business Continuity plans are essential to reducing the impact of your revenue stream. A disaster can be as little as forty minutes or as great as total loss of your business, how much are you willing to risk. If you would like to learn how to minimize your down time and increase you chance to maintain business continuity, visit our website at www.dolomitelv.com or call us at 1-866-575-3690.
 
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Dolomite is a Technology Services company focused on easing the technological burdens of its customers. An Award Winner for Best IT Service for Small and Mid-size Business, Dolomite strives to ensure that the customer is taken care of. Dolomite manages and maintains technology services, allowing customers to get back to the business of making money. Some of the services Dolomite provides include Managed Technology Services, Security Auditing, Computer Repair, Computer Sales, and Data Backup and Recovery Services.
 
This article was written by Michael French.
 
Reference Article:

Computer problem stops floor trading at NYSE

            By Matt Krantz, USA TODAY


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