Nasdaq spike 8/7/02

Discussion in 'Trading' started by just21, Aug 7, 2002.

  1. just21

    just21

    > As we discussed, a NASDAQ market participant experienced a system problem
    > from 12:04 to 13:05 today. As a result, you may be seeing some bad
    trades.
    > According to NASDAQ MarketWatch, the participant is not going to cancel
    the
    > trades. NASDAQ has, however, gone in and cancelled any clearly erroneous
    > trades which were causing bad lows and entered by the firm during time
    frame
    > stated above.
    >
    > If you have any issues that you believe still have a bad low, NASDAQ
    > MarketWatch will research the securities and make a determination on how
    to
    > proceed



    Anyonne affected?