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Starting at approximately 12:15pm EST, major problems began to plague the NASDAQ, leading shares of all tape C securities to be halted as of 12:20pm EST.
While some traders reported small order fills, problems across the markets sprang up as the problem became systemwide. NASDAQ did not provide a comment, while the NYSE stated they will provide an update shortly.
Midway through the morning Thursday, the BATS exchange was also having trouble with the ARCA, which hinted at a problem.
All week there has also been intermittent issues between the ARCA, BATS, EDGX, and AMEX exchanges.
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