Data Mishaps Lead to Exchange Confusion
EXCHANGE WATCH
Two exchanges listed erroneous prices two weeks ago as a result of problems with datafeeds and vendors.
Incorrect figures transmitted by several vendors to the New York Stock Exchange last week led to a handful of stocks being listed at hugely inflated prices. The mistake occurred during the exchange’s test period on Friday, Nov. 29, a shortened trading day following the Thanksgiving holiday in the US, and the figures remained on several Web sites between 8 pm on Friday and 12:30 am on Saturday.
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