A hacker group’s threat to erase the New York Stock Exchange from the Internet proved empty today as the biggest U.S. stock trading venue said its website functioned without interruption.
The price-feed malfunction that briefly froze U.S. options exchanges yesterday shows the dangers of a fragmented market structure go beyond equities trading.
NYSE Euronext said “there were a number of erroneous trades” during an almost 1,000-point plunge in the Dow Jones Industrial Average.
NYSE Euronext has submitted a rule filing to the U.S. Securities and Exchange Commission that modifies its guidelines for dealing with erroneous trades in the U.S. options market, according to a person familiar with the matter.
As Omar Khan helped whip up 1,500 guests and employees gathered in a Beijing ballroom for NQ Mobile Inc.’s eighth birthday on Oct. 25, the co-chief executive officer himself had little to celebrate.
High above 52nd Street in Manhattan last week, in conference rooms at the law firm of Wachtell, Lipton, Rosen & Katz LLP, word of the leak spread quickly.
"Mr. Colan's departure had nothing to do with the Wells notice or related matters."
- Rich Adamonis on Sep 16, 2014