Fidelity's Glitch Reveals Fund Price Reporting Risks
FRONT PAGE
WITH investment management firms' price-reporting systems pushed to the limit by the rapid growth of the mutual fund market, many buy-side technologists felt a chill of mortality--or fallibility at least--when they read about Fidelity Management & Research Co.'s humiliating price-dissemination snafu late last month.
Fidelity sent erroneous mutual fund prices to the National Association of Securities Dealers (NASD) on June 17, causing inaccurate prices to be published--not to mention a heavy
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Operations
Waters Wavelength
Wavelength Podcast Ep. 217: Citi Ventures’ Victor Alexiev on Problem Solving
Victor explains how Citi Ventures—Citibank’s corporate venture arm—and the D10X program approaches challenges.
Subscribe to Weekly Wrap emails
Most read
- The M&A Market Heats Up (And Some Quantum Computing News)
- After Much Hype, Chatbots Start a New Conversation (And EU CT Ramblings)
- People Moves: Exegy, Aquis Exchange, Xenomorph, and more
- Wavelength Podcast Ep. 217: Citi Ventures’ Victor Alexiev on Problem Solving
- Jefferies' Quant Team Builds Chatbot For Faster Equities Trading