Nasdaq OMX Fixes Data for Indexes After Calculation Error
By Lynn Thomasson -
2012-12-12T16:13:00Z
Nasdaq OMX Group Inc. (NDAQ), the second- largest U.S. equity exchange operator, said it found errors in calculating the value for indexes and corrected the data.
The errors took place on Dec. 7 and Dec. 10 and affected hundreds of gauges including the Nasdaq U.S. Large Cap Index and Nasdaq 100 Total Return Index, according to a statement sent by the New York-based company. Nasdaq asked recipients of the data to remove intraday ticks and the high and low values of the indexes.
To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net
To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net
Sponsored Link

Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.