Apple Trade on Bats Triggers Circuit Breaker; Stock Rebounds

Bats Global Markets Inc. (BATS), the six-year-old equity exchange, saw its debut as a public company go haywire, as system errors that caused its computers to spew bad quotes and halted Apple Inc. (AAPL) forced the cancellation of its first day of …Find out more from Bloomberg



Fresh Apple news

Samsung design boss refutes Apple’s copycat claims

Apple and Samsung have met in court dozens of times over designs, patents and more over the past few years. Among Apple’s numerous complaints was the repeated allegation that Samsung smartphones and tablets are copycat devices that stole numerous …Find out more from Fox News

Apple Flash Crash: Stock Halted After Trade Causes 9% Plunge

Shares of Apple, the world’s most valuable company, plunged 9 percent on a single trade, causing it to be halted by the single stock circuit breaker rule because of volatility. “It looks like a fat finger mistake,” said Joe Terranova, chief market …Find out more from CNBC.com

Bad Day For BATS: IPO Canceled, Snafu Causes Apple Halt (Update: CEO Speaks)

First a 100-share trade in Apple on the BATS exchange priced the iPad-maker at just $542.80, 9.4% below the price it was then trading at and triggering a single-stock circuit breaker on the Nasdaq-listed shares. Apple resumed trading five minutes later …Find out more from Forbes

BATS pulls IPO, SEC to probe trading halt on Apple, BATS

By Justin Sullivan, Getty Images Pedestrians walks by an Apple retail store on Jan. 18, 2011 in San Francisco, Calif. By Justin Sullivan, Getty Images Pedestrians walks by an Apple retail store on Jan. 18, 2011 in San Francisco, Calif.Find out more from USA TODAY

Apple’s new iPad: Wi-Fi, LTE, charge time complaints surface

(Credit: Apple ) (CBS News) Apple’s new iPad has been out for a week now and customer complaints are already stacking up. Everything from the temperature to losing Wi-Fi connectivity is included in the list of woes from new iPad owners.Find out more from CBS News

Bats IPO Reversal May Cost Morgan Stanley, Banks $7.1 Million

Morgan Stanley and banks on Bats Global Markets Inc.’s (BATS) initial public offering may lose $7.1 million in fees after the exchange operator withdrew its IPO, felled by a system crash that hurt Apple Inc. (AAPL) and its own stock.Find out more from Bloomberg

Reminder: Apple Shares Can Go Down

By Kaitlyn Kiernan Apple put options traded at the highest rate relative to calls in more than three months after an apparent bad trade and subsequent trading halt stoked concerns. The daily put-to-call ratio on Apple options jumped to 0.82-to-1 on …Find out more from Wall Street Journal (blog)

Apple stock trading halted due to system glitch

March 23 (Bloomberg) — Bats Global Markets Inc.’s debut as a public company didn’t go as planned, as a system glitch just as its own stock was to begin trading caused erroneous price quotes and Apple Inc. was halted due to a trade on its platform.Find out more from Washington Post

Bats Withdraws IPO After Errors Pummel Stock, Halt Apple

Around the same time, a 100-share transaction in Apple was executed on Bats so far away from the market price that it triggered a halt. “We believe withdrawing the IPO is the appropriate action to take for our company and our shareholders,” Joe …Find out more from BusinessWeek

Blog posts about Apple

Apple begins international launch of the iPad | TUAW – The …

Apple is starting to sell the iPad in twenty-five new countries today, Friday March 23. The list of new launch countries includes Austria, Belgium,More By Kelly Hodgkins

Apple Stock Trading Halted Briefly on Sudden 9% Drop – Mac Rumors

BusinessInsider reports some strange activity on Apple’s stock today. Trading was halted due to an abrupt drop of over 9%.The stock crashed 9%…More By Arnold Kim

Distro Issue 33 takes on Apple’s new iPad — Now in HD! — Engadget

Late last week, Apple unleashed its new iPad on the world, and in this issue of Distro we’ll let our review of the high-res tablet loose on you. While the.More By Christopher Trout

Apple trading halted, resumes – Apple 2.0 – Fortune Tech

A circuit breaker kicked in after high-frequency trades from BATS triggered a flash crash [caption id=More By Philip Elmer-DeWitt

Apple updates iTunes Movie Trailers app, lets your Retina watch …

Following in the steps of apps like Kindle, Evernote, Vimeo and most recently Netflix, Apple’s Movie Trailers app has been on the receiving end of a.More By Edgar Alvarez

Other stuff around the web on Apple

Unreleased PROTOTYPE Apple Macbook Pro 15 3G Dat | eBay

23402 items … eBay: Unreleased PROTOTYPE Apple Macbook Pro 15 3G Dat.Read more here.