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NEW YORK (Reuters) - The New York Stock Exchange said on Friday it had restored connectivity after a software glitch halted floor trading in about 240 companies, including Dow components General Electric Co (GE.N), Exxon Mobil Corp (XOM.N), Bank of America (BAC.N) and Merck & Co (MRK.N).
A spokesman for NYSE Euronext (NYX.N), the world's top exchange operator measured by its listings, said the exchange did not plan to cancel trades in the affected stocks.
In an 11:37 a.m. note to traders, the NYSE said that it lost connectivity in a matching engine, stopping floor brokers and market makers from handling the affected stocks. Orders were then re-routed to NYSE Euronext's small cap Arca platform, and other U.S. market centers.
Technical Problems = heavy selling and sharp price declines