Only 75 trading days left 'til Y2K The London Guardian reported today:

"Technical problems at the German futures and options exchange yesterday fueled fears in City dealing rooms that the markets could face crisis as a result of the millennium computer bug. The computer glitches, which prevented some firms from trading and running the risk of potential losses, took place yesterday - numerically written 9.9.99.

"The rumors of problems were not confined to the German exchange. The internal message board at one leading investment bank in London warned of problems with price information received from Simex, the Singapore futures exchange. The message, posted as a warning by the bank's traders in Singapore, said that the problems were caused by 9/9/99 glitches. Brokers claimed that in response to their initial inquiries, the exchange had blamed the date problem. One source in London insisted yesterday: "Eurex admitted to members early on that it was having 9/9/99 problems..."

-- Andy (2000EOD@prodigy.net), September 10, 1999

Answers

Thanks, Andy :-)

Also see

SEARS & 09/09/99 Possible hit

More 9/9/99 glitch-watch on that thread.

-- Ashton & Leska in Cascadia (allaha@earthlink.net), September 10, 1999.

Also the Chinese exchange has been hit...

A COMPUTER failure, likely caused by the "all nines" date glitch,has forced the indefinite closure of China's only automated stock exchange, the authorities said.

"Because problems have appeared on the Net System, we must shut down equipment for repair," said the Central Treasury Bond Registration and Settlement Co. which runs the system.

-- Andy (2000EOD@prodigy.net), September 11, 1999.

Andy,

Do you have URLs for either of these reports?

Thanks in adbvance.

Jerry

-- Jerry B (skeptic76@erols.com), September 11, 1999.

Sorry Jerry - got the first from Kitco and the second from a guy from Singapore on the gold-eagle board...

-- Andy (2000EOD@prodigy.net), September 11, 1999.

here's a url.....sorry....don't know how to hotlink

http://invest.insidechina.com/markets.php3?id=91455

-- andrea (mebsmebs@hotmail.com), September 11, 1999.