Just over three hours ago, when discussing the NASDARK 3 hour trading halt, we asked: "what was it about Apple's locked Bid and/or Ask that caused the NASDAQ freak out, and was all the Tape C trouble at the NASDAQ purely a function of a locked order originating at NYSE Arca?" Moments ago, we got one half of the answer courtesy of the WSJ, which reports that "Nasdaq OMX Group Inc.
NEW YORK — Thirty minutes into the crippling outage that hobbled the Nasdaq stock market on Thursday afternoon, stopping all trading in US$5.9 trillion worth of U.S. equities, exchange officials had the problem fixed.
It was another two-and-a-half hours, however, before they were ready to flip the switch and turn the all-electronic market back on.
Envivio, Inc. (ENVI) Q1 2014 Earnings Call May 30, 2013, 05:00 pm ET
Cynthia Hiponia - IR, The Blueshirt Group Julien Signès - President & CEO Erik Miller - CFO
Nasdaq OMX Group (NDAQ) is a leading global exchange group that delivers trading, exchange technology, securities listing and public company services across six continents. It is the largest electronic screen-based market place for equity securities in the U.S.