Feeds

NASDAQ exchange stumbles AGAIN after 'human error' snafu

Some trading halted but stocks still moving, says exchange

The Power of One Infographic

The NASDAQ stock exchange suffered yet another glitch yesterday, forcing it to halt trading in derivatives contracts linked to the Nasdaq 100 index.

The latest in a series of hiccups at the all-electronic exchange was caused by "a human error", the exchange said in a statement. The snafu took out the Global Index Data Service for around 45 minutes. Trading in shares was unaffected, it added.

The outage comes hot on the heels of a much bigger problem at the end of August that took out the whole exchange for around three hours.

In turn, this was followed by another small software glitch in September, not to mention the Facebook IPOcalypse. Computer problems on the day the social network debuted have ended up costing NASDAQ $10m in fines and another $62m in reparations to brokers.

Twitter's decision to list on the NYSE rather than the NASDAQ may also have something to do with the issues plaguing the exchange. ®

Boost IT visibility and business value

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.