Parkett-Boerse in Ffm (Photo credit: Wikipedia)

Another Glitch In Option Exchanges

Option trading was interrupted once again following a system glitch, according to the Options Monster website this week. Business was halted for approximately 30 minutes due to technical problems that emanated from the Options Price Reporting Authority (OPRA) that distributes price quotes across the board.

These technical problems saw a big swing in option trading. During the period, trading was at its worst. However, efforts to restore the trading brought relief at around 1.40 p.m EST. These issues demonstrate the significance of option trading, which reduces the losses that arise from big options swings.