“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/
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