Nasdaq Corrects AutoQuote Data Error

A systems malfunction at Nasdaq on April 25 resulted in stale data in the exchange’s Market Maker Automated Quotation System, causing it to post erroneous automated quotes for some securities—and for trades to execute at these erroneous prices—between 9:28am and just after 10am, when Nasdaq fixed the issue. The exchange says it has taken steps to avoid reoccurrences.

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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