Nasdaq Fixes Malfunction With Price Feed That Prompted Halt
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For the second time in two weeks, a malfunction in a price feed overseen by Nasdaq OMX Group Inc. led to a trading halt of some of the companies it lists.
Nasdaq’s securities information processor had a “hardware memory failure” at 11:35 a.m. New York time today, the company said after a preliminary review. The issue was resolved six minutes later. Direct Edge Holdings LLC, another U.S. exchange operator, briefly stopped transactions for some Nasdaq-listed shares, according to a statement.