Industry Delivers in Blackout
SPECIAL REPORT
The big blackout in New York last week left the market data industry feeling pleased with itself. Emergency back-up systems appeared to work as they were designed to last Thursday and Friday, allowing market data vendors and exchanges to continue operating after the power outage in eastern parts of the US and Canada.
Both the New York Stock Exchange and Nasdaq said no data was lost because of the blackout, and the exchanges were able to transmit official closing prices for stocks as usual. The
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