Nasdaq CEO Blames Software Design For Delayed Facebook Trading (Nina Mehta/Bloomberg)

Nina Mehta / Bloomberg:
Nasdaq CEO Blames Software Design For Delayed Facebook Trading  —  Nasdaq OMX Group Inc. (NDAQ), under scrutiny after shares of Facebook Inc. were plagued by delays and mishandled orders on its first day of trading, blamed “poor design” in the software it uses for driving auctions in initial public offerings.


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