Chilidog Closes NYSE Early: The OnlineNewspaper Gazette/ONG/quaap.com

Posted: Mon Jan 14 2002
Chilidog Closes NYSE Early

When what was thought to be the closing horn of the New York Stock Exchange sounded above the din of the trading floor Thursday trading stopped and the traders began tallying their losses and gains as usual.

Flout: "Oops"

It was only 4 minutes later that an astute floor trader noticed that it was still 2 minutes before 5, the markets usual stopping time. By the time the confusion was sorted out the actual closing time had been reached.

The false signal was later found to be the result of trader Iggy Flout's indigestion. "I had a chilidog for lunch got a little gassy." Iggy is reported as saying. "I didn't mean to shut the place down."

--Philip Matanka

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