SEC 'monitoring developments' after latest Nasdaq outage
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said it was in contact with Nasdaq OMX Group after another brief outage in the system that was at the heart of the exchange's three-hour trading halt last month.
"As is our practice, we are in contact with them and monitoring developments," a spokesman for the securities regulator said.
Nasdaq's Securities Information Processor, which receives all traffic on quotes and orders, had a six-minute glitch for a small number of stock symbols between 11:35 a.m. and 11:41 a.m. EDT (1535 and 1541 GMT) on Wednesday.
(Reporting by Douwe Miedema; Editing by Gerald E. McCormick)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Surprise Rate Cut
The Reserve Bank of India (RBI) lowered its policy repo rate by 25 basis points to 7.5 percent on Wednesday, its second inter-meeting cut this year on the back of easing inflation and what it said was the "weak state" of parts of the economy. Full Article