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NASDAQ to cancel trades

Posted on 5/6/10 at 5:25 pm
Posted by lsugradman
Member since Sep 2003
8624 posts
Posted on 5/6/10 at 5:25 pm
LINK
This post was edited on 5/6/10 at 6:47 pm
Posted by Rex
Here, there, and nowhere
Member since Sep 2004
66001 posts
Posted on 5/6/10 at 5:36 pm to
Is that legal?
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 5/6/10 at 5:51 pm to
Just to clarify for those that do not click on links:

NASDAQ to cancel all trades made from 1:40 to 2: 00 pm today greater or less than 60 percent away from the consolidated last print in that security at 2:40 p.m or immediately prior.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/6/10 at 5:51 pm to
According to the article the thread title is not correct.

quote:

Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. showing a rise or fall of more than 60 percent from the last trade in that security at 2:40 p.m or immediately prior.
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