US exchanges to create kill switches following Nasdaq outage – Reuters
Washington Post |
US exchanges to create kill switches following Nasdaq outage
Reuters WASHINGTON (Reuters) – U.S. stock exchanges agreed with regulators on Thursday to reforms including a "kill switch" to stop trading during emergencies, after a software glitch with Nasdaq's stock quote processor last month led to a three-hour trading halt. Exchanges eye upgrades after Nasdaq 'flash freeze' After Nasdaq disruption, regulators are urged to rethink decades-old technology SEC to meet with exchanges regarding trading glitch |
