Market Data Vendor Misses Signal, High Volume Scrambles Closing Prices
SPECIAL REPORT
The unprecedented trading volume on the New York Stock Exchange and the Nasdaq market last week didn't appear to inflict any lasting damage on the mutual fund industry or the computer systems that support it. By most accounts, money management firms' portfolio accounting systems, trading desks and pricing systems managed to keep pace with the billion-plus shares traded on both the Big Board and the Over-the-Counter markets.
Some isolated snafus caused a handful of fund distributors--including
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 Back-Office Technology
Waters Wavelength
After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
Geoff Horrell talks about the Lab’s innovation strategy after the Refinitiv acquisition, deep learning, and the ideation process.
Subscribe to Weekly Wrap emails
Most read
- After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
- Options snaps up Activ Financial as battle for mid-market data vendors heats up
- Ex-UBS Asset Management CDO takes aim at challenge of data discovery
- Northern Trust focuses on alpha generation with recent investments, partnerships
- Waters Wrap: On people and thinking outside the box when hiring