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I wonder if a solution such as "Cancel all orders and publicly announce this as well as trading commencement time such as +1 hours ahead, then reboot the server just before that and resume the day as normal" was considered, and if so why it wouldn't have worked, given it seems to satisfy the constraints mentioned in the article


If a system supports "Good 'Til Canceled" orders, casual application of "cancel all orders" will wipe out orders that are months old. Maybe that is called for in an extreme case (data center destroyed, offsite backups cannot be recovered), but at a minimum it is extremely rude. GTC orders even live through corporate actions, getting repriced as appropriate. They treat that order lifetime seriously.




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