“The Nasdaq, where tech giants like Google, Microsoft and Apple trade, ceased functioning for about three hours Thursday, and no official explanation has been offered. But there’s plenty of finger-pointing and speculation about what crashed the exchange, which has been felled twice by squirrels. The Commodity Futures Trading Commission is close to releasing new rules on high-frequency trading, according to Bloomberg Business News. Those high-speed trading tactics have been a controversy for the exchange for some time, potentially overloading the system.”
http://www.usatoday.com/story/money/markets/2013/08/23/nasdaq-flash-freeze-mystery/2691513/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
NSA mass collection of phone data is legal, federal judge rules
German advisors push for 'wealth tax' on holiday homes to bail out Greece
Some traders got Fed 'no taper' decision news early
Iran to send 4,000 troops to aid President Assad forces in Syria
U.S. soldiers killed in Somalia after reports of civilian deaths in May
Botched Kim Dotcom case spurs New Zealand to allow domestic spying
Georgia rushes to complete executions before lethal drug supply runs out
Britain preparing to end plans to tax Bitcoin trading
Nevada Recluse Found Dead With $7 Million In Gold Bars, Coins In Garage
Scientists used modified T-cells to wipe out childhood leukemia in a little girl
Credit Suisse counters critics with $15.6 bln capital plan
Angry bikers protest EU-imposed tests on two-wheelers
Swiss court rules handing over bank employee info to US illegal
Hackers who targeted media last year now targeting think tanks
How cigarette smuggling fuels Africa’s Islamist violence