NASDAQ Computer Error Screws Up Stock Price Listings
from the you-still-can't-afford-google dept
Computer problems at the Nasdaq led to incorrect stock quotes being displayed on major financial news sites, after a glitch caused the wrong closing prices to be posted for a number of NYSE-listed stocks on Wednesday. This means that investors may have seen quotes showing certain stock prices to be up, when they were actually down, and vice versa. This isn't the first time computer problems at the Nasdaq have caused problems. There's growing interest among major stock traders in developing alternative trading platforms to hedge against the Nasdaq and the NYSE raising fees as the market shrinks into a duopoly following buyouts by the two of electronic trading networks; more technology problems at the two giants could hasten moves away from them.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
[ link to this | view in thread ]
Good thing too.
Wonder who will try to build an electronic trading system first… hey, where is google…?
[ link to this | view in thread ]
Re: Good thing too.
[ link to this | view in thread ]
Re: Good thing too.
[ link to this | view in thread ]
Platform problems???
[ link to this | view in thread ]
Re: Platform problems???
[ link to this | view in thread ]