Nasdaq OMX Shares Moved Lower But Stayed Positive During Exchange Data Issue


Exchange operator Nasdaq OMX Group Inc. ( NDAQ ) traded in positive territory Tuesday even as it briefly shut down certain operations due to a data issue. Shares did retreat to the lower end of a session range of $35.70 to $36.04 as the shutdown was implemented, and moved up from those levels as exchange trading resumed. The stock's 52-week range is $22.63 to $36.25.

Nasdaq OMX said in a release that it is investigating a data dissemination issue that had frozen updates to the Nasdaq Composite Index and Nasdaq 100. Nasdaq also said it halted trading in SOX, OSX, and HGX options over the same issue. The exchange was fully operational again beginning at 12:37 p.m. ET, after about a 40-minute outage.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities

Referenced Stocks: NDAQ

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