"Nasdaq Investigates and Resolves Connectivity Issues Impacting Premarket Trading"

1 min read
Source: Reuters
"Nasdaq Investigates and Resolves Connectivity Issues Impacting Premarket Trading"
Photo: Reuters
TL;DR Summary

Nasdaq experienced a two-hour technical glitch related to connectivity and stock orders, which has since been resolved. The issue, related to the matching engine, impacted thousands of stocks listed on the exchange, including those of major tech companies. Such technical glitches can disrupt markets, affect trader confidence, and draw regulatory scrutiny. This is the second technical glitch for Nasdaq in recent months, with the previous incident occurring in December. The exchange operator did not provide further details about the severity of the issue.

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