Stuff Happens
The bumper sticker turned out to be a gag gift handed out a few years earlier to everyone involved in the deployment of a new gremlin-infested automated check-processing system.
How many times have financial technologists repeated the same mantra, only to be sadly disappointed? Thanks to the U.S. Securities and Exchange Commission's (SEC's) Regulation NMS, that number is increasing rapidly.
Two weeks ago, NYSE Euronext and Nasdaq suffered technical snafus within 24 hours of each other.
First, NYSE
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