NYSE Trading Halted Last Week

Computer Server Problem Causes Outage

1 min read
NYSE Trading Halted Last Week

Several news sources reported that trading in 242 stocks was suspended because of computer server problem on the New York Stock Exchange last Friday. The  outage, which lasted from about 11:30 a.m. to 12:10 p.m. affected stocks such as ExxonMobil, General Electric, American Express Co and Merck & Co.

The exact problem with the server has not been announced, and as of yet there is nothing on the NYSE web site discussing the outage.

The NYSE has had computer problems in the past, I have wrote about last year.

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Why Functional Programming Should Be the Future of Software Development

It’s hard to learn, but your code will produce fewer nasty surprises

11 min read
A plate of spaghetti made from code
Shira Inbar

You’d expectthe longest and most costly phase in the lifecycle of a software product to be the initial development of the system, when all those great features are first imagined and then created. In fact, the hardest part comes later, during the maintenance phase. That’s when programmers pay the price for the shortcuts they took during development.

So why did they take shortcuts? Maybe they didn’t realize that they were cutting any corners. Only when their code was deployed and exercised by a lot of users did its hidden flaws come to light. And maybe the developers were rushed. Time-to-market pressures would almost guarantee that their software will contain more bugs than it would otherwise.

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