The Nasdaq Inventory Alternate was hit by a system error on Wednesday that affected hundreds of inventory orders, inflicting some to be canceled, in accordance with individuals acquainted with the matter.
The change operator advised market individuals it was investigating an order entry problem that prompted inaccuracies and delays, stated the individuals, who requested to stay nameless to debate a non-public matter. Nasdaq’s digital communication channel, which handles so-called monetary data interchange, or “FIX” messages, was affected, the individuals stated.
The incident, which started round 2:30 p.m. New York time, concerned “sure FIX/RASH order entry ports,” Nasdaq stated in an emailed assertion that didn’t clarify the trigger.
She added: “We’re working to discover a fast resolution to submit the right implementation studies.” The affected shops might be closed for the remainder of the day. He added, “The closure intersection has been accomplished and all different markets are working usually.”
