Nasdaq Acknowledges Troubles With Facebook Deal

Nasdaq OMX's Chief Robert Greifeld acknowledged design problems with Nasdaq's technology after the exchange operator was widely seen as bungling the landmark listing of shares of Facebook Friday.

BING NEWS:
  • Tech Beat: Rethinking exchange reliability
    Add in the high profile problems that befell the listing of Facebook, the troubles at Knight Capital, the alphabetic trading glitch at Goldman Sachs, the listing of BATS Global Markets and the three-hour Nasdaq ... much to be done," acknowledges Mr Passmore.
    03/16/2015 - 11:44 am | View Link
  • Nasdaq—and a notable partner—challenge CME
    Still, he acknowledges what most in the industry know: It's very difficult to attract traders to a new venue with less activity. “It's tough to launch a new exchange, but you have a great brand name there with Nasdaq and a strong exchange operator ...
    03/11/2015 - 8:53 am | View Link
  • US stocks open higher, helped by Facebook, US GDP
    The Standard & Poor's 500 index rose 14 points, or 0.8 percent, to 1,788 and the Nasdaq composite rose 50 points, or 1.2 percent, to 4,102. INVESTORS 'LIKE' FACEBOOK: Facebook jumped $7.92, or 15 percent, to $61.50 in early trading. The social media ...
    01/30/2014 - 2:56 am | View Link
  • Nuke troubles run deep; key officers "burned out"
    WASHINGTON (AP) — Trouble inside the Air Force's nuclear missile force runs deeper and wider than officials have let on. An unpublished study for the Air Force, obtained by The Associated Press, cites "burnout" among launch officers with their fingers on ...
    11/20/2013 - 2:47 pm | View Link
  • Facebook shares fall as mobile ad revenue fails to hit expectations
    Shares of Facebook Inc fell as much as 8 per cent on Thursday as a ... losses and were trading down 3.5 per cent at $US30.14 in late morning trading on the Nasdaq. The stock has lost over a quarter of its value since its botched debut in May.
    01/31/2013 - 9:58 am | View Link
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