Confidence in NASDAQ in question after trading is halted

Posted By on August 22, 2013

At about the noon hour today stocks on the NASDAQ stock exchange were halted without much news besides a “technical issue.” According to CNBC, the markets should reopen at 3:30 although a few stocks will be reopened as a test around 3PM. (Quotes “only” for other Nasdaq listed stocks begins at 3:10PM)

I’ve been eyeballing my ticker screen for a few hours now and find it hard to believe that a glitch like this has not been built into their plans. IMHO, heads should roll.

nasdaqhalted  nasdaqissues130822

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.