UPDATE: NASDAQ Investigating Potentially Erroneous Trades

January 27, 2014 10:27 AM EST
(Updated - January 27, 2014 11:07 AM EST)

NASDAQ MarketWatch is investigating potentially erroneous transactions involving multiple securities executed between 09:30:00 and 09:31:00 ET. List of symbols under review (BBOX, BKH, GEB, HAYN, UBSH, WSBC, FLIC, EFF, SP, TPZ & GABC). Participants should review their trading activity for potentially erroneous trades and request adjudication through the Clearly Erroneous process within the applicable timeframe for filing pursuant to the rule.

UPDATE: Pursuant to rule 11890(b), NASDAQ, on its own motion, will cancel all trades executed between 9:30:00 and 09:31:00 that were 10% or greater from the prior day’s consolidated close for the stocks listed below. This decision cannot be appealed. MarketWatch has coordinated this decision with other UTP Exchanges. The stocks affected are as follows: "BKH" at or above $58.66, "GEB" at or above $23.29, "HAYN" at or above $57.26, "UBSH" at or above $26.37, "WSBC" at or above $32.08, "FLIC" at or above $44.70, "EFF" at or above $20.13, "GABC" at or above $31.41, "BBOX" at or above $31.30, "SP" at or below $23.03 and "TPZ" at or above $27.88. NASDAQ will be canceling trades on the participant’s behalf.


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