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

(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.

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.
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)
Screens at the Nasdaq MarketSite, in New York's Times Square, show the Dow Jones industrial average shortly after the opening bell, Wednesday, April 17, 2013.
Screens at the Nasdaq MarketSite, in New York's Times Square, show the Dow Jones industrial average shortly after the opening bell, Wednesday, April 17, 2013.   (AP Photo/Richard Drew)
Atlantic Coast Conference commissioner John Swofford, left, and NASDAQ head of listings Bob McCooey chat before the ringing of the closing bell on Monday, July 1, 2013.
Atlantic Coast Conference commissioner John Swofford, left, and NASDAQ head of listings Bob McCooey chat before the ringing of the closing bell on Monday, July 1, 2013.   (AP Photo/Bebeto Matthews)
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