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)
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(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. (Read more NASDAQ stories.)

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