2013 Review: For Exchanges in 2013, Life’s a Glitch

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At an emergency meeting on Sept. 12 in Washington with leaders of the equities and options exchanges as well as FINRA, DTCC, and the Options Clearing Corporation, US Securities and Exchange Commission chairman Mary Jo White stressed the need for all market participants to “work collaboratively to strengthen critical market infrastructure and improve its resilience when technology falls short….[and] enhance the integrity of market systems.”

The Washington meeting was precipitated by a series of g