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Nasdaq was hit by a system error Wednesday that impacted hundreds of inventory orders, main some to be canceled, in line with individuals with information of the matter.
The trade operator informed market members it’s investigating an order-entry subject that triggered inaccuracies and delays, the individuals stated, asking to not be recognized discussing a personal matter. Nasdaq’s digital communication channel, which processes so-called monetary info trade or “FIX” messages, was affected, the individuals stated.
The incident, beginning round 2:30 p.m. New York time, involving “sure FIX/RASH order entry ports,” Nasdaq stated in an emailed assertion that didn’t elaborate on the trigger.
“We’re working to achieve a immediate decision to ship the right execution reviews,” it stated. The impacted entry ports shall be closed for the remainder of the day. The “closing cross was accomplished and all different markets are working usually,” it added.
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