Shares of Anadarko Halted, Stops Triggered (APC)

Zerohedge.com is reporting that Anadarko Corp. (NYSE: APC) was halted this morning after 200 shares traded for $100,000. The stock was trading for $39.11 the minute before this trade occurred.

Per the new stops placed on individual stocks, APC was halted for 5 minutes to gather liquidity. The trade will, more than likely, be broken. It is truly amazing how many of these computer errors the new stop rules are uncovering; doesn’t inspire a lot of confidence in the markets. For more information, please visit…

http://www.zerohedge.com/article/apc-halted-200-shares-trade-100000