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Staggering Into Summer

Thursday saw a portion of the NYSE Arca Routing System (ARS) go down, which led the exchange to down the entire system and route confirmation messages over the old Intermarket Trading System (ITS) routing system.

At least it did not affect trading, according to a NYSE Euronext spokesperson, but rather led to the late delivery of trade confirmation messages.

The next day, Nasdaq wasn't so lucky, as it faced a securities information processor (SIP) connectivity issue, which prevented it from

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