NYSE Experiences Data Malfunction Days Before Twitter IPO
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NYSE Euronext experienced two technical malfunctions during the first 40 minutes of trading, three days before it handles Twitter Inc.’s initial public offering.
All trades processed by the New York Stock Exchange and NYSE MKT were mislabeled on the industry’s main data feed as “sold” during the error, which was resolved at about 10:09 a.m. New York time today. NYSE Euronext also had trouble quoting shares, according to a statement. Bats Global Markets Inc., one of the four major U.S. stock market owners, briefly stopped sending buy and sell orders to NYSE during the error.