Is it possible for the entire Nasdaq stock market to choke up like the day of the Facebook IPO? On May 18th, when Nasdaq got swamped by orders on Facebook, trade confirmation were stopped for many hours. But on that day, the disaster was only limited to Facebook stock. If we get a major market crash, I wonder if the entire Nasdaq stock market could choke up. Leaving all Nasdaq traders unsure of their trades and positions.