NASDAQ's disgraceful act involving FB IPO

What would have made sense would have been for them to cancel all open orders at that time instead of fill them. It does seem a bit fishy that they would receive thousands of calls and e-mails, etc from angry traders saying they couldn't cancel their orders and then opt to fill them all anyway.
 
Quote from FixedGrin:

What would have made sense would have been for them to cancel all open orders at that time instead of fill them. It does seem a bit fishy that they would receive thousands of calls and e-mails, etc from angry traders saying they couldn't cancel their orders and then opt to fill them all anyway.
More...


the US government runs the markets. it's messenger boy/proxy is golden slax.
fishy? nothing fishy. it is business as usual.

didn't you know?
 
Something similar occured at the BATS exchange. THIS ALSO WAS A DESIGN ISSUE likely caused by outsourcing.

Bottomline: You can't hire an army of gorillas to design a better system that could be designed by a handful of really smart people...i.e. Americans.
But it's all about keeping payroll costs low today. Cause and effect.
 
Quote from syswizard:

Something similar occured at the BATS exchange. THIS ALSO WAS A DESIGN ISSUE likely caused by outsourcing.

Bottomline: You can't hire an army of gorillas to design a better system that could be designed by a handful of really smart people...i.e. Americans.
But it's all about keeping payroll costs low today. Cause and effect.
More...
that could be designed by a handful of really smart people..i.e. Americans.
you mean designed by a team of immigrants or children of immigrants residing in america.


cry me a river.
 
Quote from zdreg:

cry me a river.
More...
"Just the facts, Ma'am".
Oh, and you'd have to hold a gun to the head of the CIO to get him to admit to this. Corporations love to hide their "dirty laundry".
 
Quote from Grandluxe:

It's possibly criminal, FBI and SEC must investigate
More...

With all the criminal activity happening on wall street, murderers and rapists must be having a great time.
 
Quote from Grandluxe:
It's possibly criminal, FBI and SEC must investigate
More...

Right... the criminals investigating the criminals...

That is why so many Banksters are in jail...

Free John Corzine... Doh!
 
Quote from Grandluxe:

It's possibly criminal, FBI and SEC must investigate
More...
Funny. But what should be investigated is how did all of those lawyers convince lawmakers there was a shortage of American IT personnel ?
Just has to be the biggest lie in history.
 
You must log in or register to reply here.
Back
Top