views on markets, equities, bonds, derivatives, finance, investing, the economy

Nasdaq Shutdown, Software Malfunction

Shutdown at Nasdaq Is Traced to Software - "Though the Nasdaq market calls itself home for the stocks of the world’s biggest technology companies, the exchange acknowledged on Thursday that a three-hour halt in trading arose from a problem with its software. The Nasdaq OMX Group, the parent company, on Thursday released preliminary findings that provided the clearest official insight into what caused the trading halt, being called in trading circles as the “flash freeze.”"

No comments:

Business - Google News

Credit Writedowns

Central Banking