Nasdaq Resumes Trading After Technical Glitch
Exchange was down about 3 hours
By Polly Davis Doig, Newser Staff
Posted Aug 22, 2013 12:17 PM CDT
Updated Aug 22, 2013 2:41 PM CDT
Ilya Segalovich, left, CTO of Yandex, and CEO Arkady Volozh pose for photos in front of the Nasdaq Market Site, in this May 24, 2011 file photo.   (AP Photo/Mark Lennihan, File)

(Newser) – Nasdaq is back in business after an apparent technical glitch brought the exchange to a rare halt this afternoon for more than three hours, reports the Wall Street Journal. The exchange hasn't fully explained what happened, but trading of all Nasdaq securities ground to a halt just after noon today, reports MarketWatch. Other exchanges quickly suspended trading of Nasdaq stocks. "All orders in those securities have been canceled back to customers," says the New York Stock Exchange in a statement. Nasdaq blamed "quote submissions" in an email to investors.

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Showing 3 of 5 comments
InferiorToYou
Aug 23, 2013 1:17 AM CDT
Throw Bernie Madoff in the pokey and this is what happens
Antagonist
Aug 22, 2013 3:25 PM CDT
This was probably caused by someone fiddling or hacking into the system, Who knows..... Maybe in the near future we will find out that this was an attempt at some sort of inside trading. They have already stated previously in the news that there is a short delay in which people use to make huge sums of money. Either that or someone was losing a butt load of money. Wait for it... Wait for it... Wait for it...
$28919642
Aug 22, 2013 12:44 PM CDT
The little Hamster that powers the Nasdaq computers by running on his exercise wheel refuses to run, until he gets more Shredded Wheat cakes to eat, & somebody cleans the Hamster Beans out of the bottom of his cage.