NASDAQ Trading Resumes After Technical Glitch Forces Halt
NEW YORK (CBSNewYork/AP) – Trading resumed in NASDAQ-listed securities following a technical problem which brought trading to a halt.
The exchange sent out an alert to traders at 12:20 p.m. EDT saying that trading was being halted until further notice because of problems with a quote dissemination system.
NASDAQ sent another alert at 12:59 p.m. that said, “NASDAQ intends to re-open trading in all Tape C securities with a halt cross with a 5-minute quote only period starting at a time to be determined.”
Web Extra: Click here for NASDAQ system status updates
NASDAQ said it wouldn’t be canceling any open orders.
By 3:25 p.m., trading had resumed.
You may also be interested in these stories:
- Neighbors Worry About Risks From Old, Contaminated LIRR Yard
- Reports: N.Y. Federal Prosecutors Withdraw Subpoena For Port Authority Chairman David Samson
- School Bus Overturns In Brooklyn Crash With Taxi
- Environmental Groups Sue Suffolk Country For Diverting Water-Protection Funds
(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)