US Exchanges, SEC Mull Anti-Data Glitch Proposals

jim-myers

In an emergency meeting in September, SEC chairman Mary Jo White gave exchanges 60 days to produce recommendations on how to prevent future malfunctions, after a market data publishing glitch led to a three-hour trading halt on Nasdaq OMX’s US equities and options markets on Aug. 22. It later emerged that the outage was caused by a technical issue affecting the exchange’s ability to distribute market data to the securities information processors (SIP) for the UTP consolidated tape, which dissemi

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: