The notion of failure, however, is largely with the NASDAQ system as opposed to the inaccurate assessment of pricing. NASDAQ really screwed the pooch with getting its system up and running to process and report orders accurately – which greatly affect legal compliance by the trading brokers to give “best price” to the buyers.
The notion of failure, however, is largely with the NASDAQ system as opposed to the inaccurate assessment of pricing. NASDAQ really screwed the pooch with getting its system up and running to process and report orders accurately – which greatly affect legal compliance by the trading brokers to give “best price” to the buyers.