Electronic Trading, Dow Jones, NYSE & the Procrastination Plunge
(from The Bonddad Blog)
Blogger: The Bonddad Blog - Post a Comment: "The fallout from Dow Jones's mismanagement, which the media is mistakenly blaming on the NYSE (who had a separate glitch just before the end of trading at 4:00), is going to be interesting. I would bet firms actually program trade according to index values provided by Dow Jones, and they'll be just a tad miffed if they lost millions trading on Dow's half-hour old signals. "
(from The Bonddad Blog)
Blogger: The Bonddad Blog - Post a Comment: "The fallout from Dow Jones's mismanagement, which the media is mistakenly blaming on the NYSE (who had a separate glitch just before the end of trading at 4:00), is going to be interesting. I would bet firms actually program trade according to index values provided by Dow Jones, and they'll be just a tad miffed if they lost millions trading on Dow's half-hour old signals. "
posted by Leia Amidon, CISSP at 9:49 PM
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