Market Complexity To Blame for Nasdaq Trading Halt

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WS&T Daily Alert Wednesday, August 28, 2013

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EDITORS' OPINIONS Market Complexity To Blame for Nasdaq Trading Halt By Ivy Schmerken Observers say the three-hour trading halt impacting Nasdaq securities last week points to market complexity of operating 13 stock exchanges, while ignoring the market data infrastructure. READ MORE Did Goldman Sachs Really Have to Discipline 4 IT Workers After Its Glitch? By Phil Albinus The investment giant reportedly placed four IT staffers on administrative leave after its embarrassing trading glitch last week. But is IT to blame or does the fish stink from the head? READ MORE FEATURED ARTICLES Reinventing The Exchanges By Sang Lee Exchanges have been busy diversifying revenue sources, entering new markets and building new business models as trading volumes continue to slide. READ MORE NEWS HIGHLIGHTS Gary Ardell Appointed CIO of ConvergEx Group By Becca Lipman Gary Ardell will take on CIO responsibilities in addition to his role as head of business strategy development and head of the financial engineering and advanced trading solutions unit. READ MORE Wall Street & Technology Digital Issue The Exchange Diversification Play This issue of Wall Street & Technology examines the evolving exchange business in today's marketplace. As the trading business continues to shrink, exchanges are selling technology and services to bolster revenues. The traditional exchange operators are offering cloud services, monitoring technology and more. Live Event SAP Financial Services Forum North America, partnered with InformationWeek Financial Services Date: September 18-19, 2013 Location: New York Hilton Midtown 1335 Avenue of the Americas New York, NY 10019 A special event for capital markets professionals Join us for this two-day financial services forum, featuring well-known speakers from throughout the financial services industry and a series of sessions and roundtables designed for capital markets professionals. The capital markets track will kick off with E. Paul Rowady, Jr. from TABB Group discussing the key issues confronting the front and middle office, from the rising tide of regulations to reduced margins and compressed budgets - and how to transform them into a competitive advantage. Other capital markets topics will include real-time risk aggregation, putting the customer first, and reducing cost and complexity. Web Events Denial of Service and Data Breach Attacks: How Industry Information Sharing Helps Defeat Cyber Threats Thu, September 26, 2013 at 2:00 PM ET (60 min) Register Manage Your Newsletter Subscription Keep Getting This Newsletter Add FTNNewsletters@techweb.com to your antispam whitelist Did someone forward this newsletter to you? Receive your own free issue. You are subscribed as EmailAddress To unsubscribe, click here | Privacy Policy. WS&T Daily Alert A free service of Wall Street & Tech Copyright © 2013 United Business Media Limited 240 West 35th Street | New York, NY 10001