Tag

Stock Orders

All articles tagged with #stock orders

financetechnology1 year ago

"Nasdaq Investigates and Resolves Connectivity Issues Impacting Premarket Trading"

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.

technology2 years ago

"Nasdaq's Stock Chaos: Glitch Causes Order Cancellations and Reversals"

Nasdaq resolved a system error that affected over 50 clients by rolling back the concerned application to a previous version. The issue, caused by a duplicate internal order ID in the FIX/RASH order handling system, led to the shutdown of the system, blocking new orders and canceling open orders. Some customers experienced inaccuracies and delays in execution reports. Nasdaq is confident that the corrective action has fully addressed the issue and trading will resume normally. The exact number of trades affected during the system error is unknown.