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Nasdaq planning to compensate brokers for Facebook IPO trading glitch

Nasdaq planning to compensate brokers for Facebook IPO trading glitch
  • Posted June 6, 2012, 12:30 PM by Shawn Knight | Filed in Industry News
  • Officials at Nasdaq are preparing to offer compensation to firms that lost money due to a computer glitch on the opening morning of Facebook’s IPO. It’s been estimated that traders lost a collective sum of over $100 million but the…

Facebook IPO affected by Nasdaq technical issues

Facebook IPO affected by Nasdaq technical issues
  • Posted May 21, 2012, 10:50 AM by Lee Kaelin | Filed in Industry News
  • Nasdaq OMX Group Inc. faces scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its very first day of trading. Apparently computers used to drive the auctions were overwhelmed by order cancellations and updates in…

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