Trading was halted in several stocks as the NYSE investigated a technical issue around its volatility controls.
There were less than 4,000 recorded trades on the day for Berkshire's A-class shares when trading was halted. Trading continued in the B-class shares, which were down less than 1% on Monday morning.
The NYSE said shortly after 11 a.m. ET that the problems stemmed from the price-bands published by the Consolidated Tape Association, the organization used by major exchanges to jointly provide real-time stock quotes. The CTA had reported an earlier failure Monday that caused it to switch over to its disaster recovery center.
The issues on Monday are another reminder that the exchanges and data providers that are central to Wall Street are not completely error free. Other recent examples include anfor CME index data feeds last week and a Nasdaq system error in December that led to some orders beingOn normal days, Berkshire's original Class A shares carry one of the highest price tags on Wall Street. Last week, each one sold for about 45% more than the median price of a home in the U.S.
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