Free Site Registration

Nasdaq Targets 'Nefarious' Circuit Breaker Snafus

Traders Magazine Online News, September 3, 2010

Peter Chapman

Nasdaq OMX, in a bid to remedy the shortcomings of new trading halt rules, is proposing to fine tune them. The exchange operator's goal is to avoid halts based on trades done by mistake. Such erroneous trades have stopped trading several times this summer.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?