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CBOE Staff Knew Of Problems Before Outage Hit: Report

BSOD Error

Chicago Board of Options Exchange staff knew of problems with software hours before the glitch caused a half-day outage, but they thought they could fix them, the Wall Street Journal reported on Friday, citing people briefed on discussions.

CBOE System Knocked Out in Latest Trading Black Eye

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A technical glitch caused by software shut down the Chicago Board of Options Exchange for more than three hours, preventing investors from trading two key products used mainly by institutions to hedge the broader stock market and volatility.