Trading resumed on the Nasdaq exchange after a three-hour shutdown that halted trading in such high-profile companies such as Apple, Microsoft and Facebook. A problem affecting quote dissemination starting at 12:14:03 ET froze trading in all securities in the longest shutdown at the exchange in recent memory.
Despite the freeze, Nasdaq that it would not cancel orders. “Nasdaq will not be canceling open orders on the book. Customers who wish to cancel their orders may do so and any customer who wishes to not participate in the re-opening should cancel their orders prior to the resumption of trading,” a spokesman said during the shutdown.
via CNBC
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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