Feb. 28 at 11:41 PM
$RMD $IXHL
This is not an error. It's strange, but there is a logical explanation. My new conspiracy theory, because I really like them.
IXHL is listed on Nasdaq and RMD on NYSE - so these are two different worlds. However, these two worlds meet in one place - DTCC, the central clearing system in the US.
The error only affected RMD and IXHL during the same period, which means that the DTCC system combined them into one operating group. IXHL changed its CUSIP index after RS, so the system had to ask the central depository where to transfer the new shares. The valuation algorithm asks for the value (RMD + IXHL). IXHL did not have a valuation on the new CUSIP (the old price is no longer available and the new one is not retrieved from the Nasdaq server), so a “null” value appeared, which bugged the entire node.
Programmers will understand what I mean if they have designed financial systems. Data collision when two systems are already logically linked. NFA