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That’s one way to stop a market slide..

.. just kill the system so no one can trade. I don’t know why no one thought of this earlier:

The Toronto stock exchange is dead in the water an hour after the trading day opened, meaning investors can’t buy or sell on the country’s largest market. “We’ve halted the Toronto stock exchange and TSX Venture Exchange and we will update you as soon as we are able,” said Caroline Quick, director of communications at the TSX. “It’s a technical issue”, she added, declining to elaborate on the nature of the problem.

Nudge, nudge, wink, wink.. Say no more.

Update: Haha. Tyler thinks Harper has gotten control of the TSX’s computers and prorogued the market. That makes as much sense as anything else.

Update 2: Some investors are getting rather twitchy over this glitch.

2 comments to That’s one way to stop a market slide..

  • Any day I can’t loose money is a good day!

  • Anonymous

    Not to add to the conspiracy theories, but there may have been an order imbalance on the sell side from the drop in oil. When oil falls even after OPEC announces a prod cut, you know it’s not good.

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