Market Data Vendor Misses Signal, High Volume Scrambles Closing Prices


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

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: