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.

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  1.  

    No Subject Given

    identicon
    Anonymous Coward, Jan 19th, 2006 @ 8:19pm

    Ah, such a shitty thing to have happen.

    reply to this | link to this | view in thread ]

  2.  

    Good thing too.

    identicon
    Lithium Lotus, Jan 19th, 2006 @ 11:34pm

    I rather hope those greedy nits go to blows over this. I think nothing would be more entertaining that the brokerage houses, versus NASDAQ vs. NYSE stock market free for all. Long term benefit could be more "personal" stock business happening.
    Wonder who will try to build an electronic trading system first… hey, where is google…?

    reply to this | link to this | view in thread ]

  3.  

    Re: Good thing too.

    identicon
    chakatak, Jan 20th, 2006 @ 4:55am

    Yes, I can see it now, like Topps E-Cards..

    reply to this | link to this | view in thread ]

  4.  

    Re: Good thing too.

    identicon
    Anonymous Coward, Jan 20th, 2006 @ 7:18am

    GDAQ anyone?

    reply to this | link to this | view in thread ]

  5.  

    Platform problems???

    identicon
    z_Guy, Jan 20th, 2006 @ 11:57am

    Maybe they should migrate back to a mainframe....

    reply to this | link to this | view in thread ]

  6.  

    Re: Platform problems???

    identicon
    zOSgrrrl, Jan 22nd, 2006 @ 6:02pm

    Funny u should mention that z_guy *;-)^^

    reply to this | link to this | view in thread ]


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