New York Stock Exchange temporarily halts trading in all stocks

New York Stock Exchange (NYSE), said on Wednesday that it temporarily suspended trading in all of securities on its exchanges following earlier reports of technical difficulties. They addressed it as computer malfunction.

The NYSE said all open orders would be canceled, according to Reuters. The issues seemed to be limited to the NYSE floor. Media reports said that the exchange said it did not affect the NYSE Arca and NYSE Amex/Arca Options.

The network took to Twitter to announce that they are experiencing a technical issue and doing their best to produce a swift solution.

NYSE also mentioned that the issue is not a result of cyber breach, but internal breach.

(1 of 2) We’re experiencing a technical issue that we’re working to resolve as quickly as possible.

— NYSE (@NYSE) July 8, 2015

(2 of 2) We're doing our utmost to produce a swift resolution & will be providing further updates as soon as we can.

— NYSE (@NYSE) July 8, 2015

(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.

— NYSE (@NYSE) July 8, 2015

(2 of 3) We chose to suspend trading on NYSE to avoid problems arising from our technical issue.

— NYSE (@NYSE) July 8, 2015

(3 of 3) NYSE-listed securities continue to trade unaffected on other market centers.

— NYSE (@NYSE) July 8, 2015

It was around 11:32 in the morning in New York when stocks stopped trading in the NYSE platform. Post that they continued to switch to other venues such as Nasdaq Stock Market and Bats Global Markets.

Further details awaited.