UPDATE: NASDAQ (NDAQ) Halts Various Trading

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NASDAQ (NDAQ) Halt Tied to Flood of Data

August 29, 2013 2:14 PM EDT

NASDAQ OMX (Nasdaq: NDAQ) today provided the following update on the preliminary findings of its internal review of the events leading to the August 22 temporary trading halt in trading of NASDAQ-listed securities.

A preliminary internal review has identified a combined series of technology events that caused the initial market problems and extended the halt period. A number of these issues were clearly within the control of NASDAQ OMX. As the Securities Information Processor (SIP) for NASDAQ stocks, we are responsible for them, regret them, and intend to take all steps necessary to... More

NASDAQ's (NDAQ) Greifeld Takes to the Airwaves; Says Was Not Hacked, Needs to Improve "Defensive Driving"

August 23, 2013 11:58 AM EDT

NASDAQ OMX (NASDAQ: NDAQ) CEO Robert Greifeld made the rounds on financial news networks early Friday, a day after trading on the exchange was halted for over 3-hours on a technical issue. Notably, Greifeld said that despite criticism he was proud of the firm's communication. He also said the company needs to improve its "defensive driving" in an effort to avoid issues at third-parties impacting the exchange. He said the shut-down was not the result of a hack. Greifeld would not lay blame on the NYSE Arca, or others, for the issue.

Below are... More

Nasdaq OMX (NDAQ) CEO Greifeld Sees No Liability Stemming From Halt

August 23, 2013 7:39 AM EDT

Nasdaq OMX Group, Inc. (NASDAQ: NDAQ) CEO Bob Greifeld thinks there is basically no liability to the exchange following the muli-hour halt made Thursday. He said that trading was halted for both professionals and traditional long investors when an asymmetry was noticed on the... More

NASDAQ OMX (NDAQ) Plunges Upon Resumption

August 22, 2013 3:28 PM EDT

Shares of NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) have resume trading and are down 3.8% related to issues at the exchange today.... More

Nasdaq (NDAQ) Gap Lower Would be Long-Term Buying Opp, Says Wells Fargo

August 22, 2013 3:24 PM EDT

Nasdaq (NASDAQ: NDAQ) listed securities were halted on Thursday due to a trading glitch. In the view of Wells Fargo analyst Christopher Harris, any gap lower in NDAQ will be a buying opportunity.

"We estimate that a one-day shutdown in options and NDAQ-listed... More