Interesting People mailing list archives
IP: Nasdaq software failure or will they ever learn!!
From: Dave Farber <farber () cis upenn edu>
Date: Mon, 22 Nov 1999 03:10:27 -0500
Date: Wed, 17 Nov 1999 08:30:22 -0500 From: "Keith A Rhodes" <rhodesk.aimd () gao gov> Subject: Nasdaq software failure Traders were unable to buy or sell stocks for 17 crucial minutes on 16 Nov 1999 after Nasdaq officials attempted a software upgrade on the fly in the last half hour of trading. Something went wrong and investors were the ones who paid the price. [Source: Poorly timed software upgrade paralyzes Nasdaq, by Larry Barrett ZDII, 16 Nov 1999]
Current thread:
- IP: Nasdaq software failure or will they ever learn!! Dave Farber (Nov 22)