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Nasdaq Glitch Is The Latest Technical Snafus For Markets
Originally published on Fri August 23, 2013 7:25 am
New questions are being raised about the reliability of U.S. financial markets after all trading in Nasdaq stocks was shut down for three hours on Thursday. Nasdaq blamed the problem on its system for quoting prices. The trading halt immediately led to calls for markets to make their software systems more robust and compatible.