BRIEF OBJECTS

BRIEF OBJECTS

SWITCH FAILURE HALTS NYSE, REGIONAL TRADING

A communications switch failure last Monday caused trading on the New York Stock Exchange to halt for 59 minutes. The malfunctioning switch prevented traders from receiving current prices and executing orders for 2,500 of the 3,090 stocks listed. The exchange halted trading in all stocks at 1:16 p.m. to isolate the problem and resumed trading at 2:15 p.m. after the switch was taken out of service and technicians checked systems. The main results of the

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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