NASDAQ cancels Kraft trades after new glitch

Oct 04, 2012
<p>&lsquo;Fat-finger&rsquo; error led to 28 percent rise in share price in less than a minute</p>
It appears Murphy’s Law has hit NASDAQ following reports that a new glitch forced the electronic exchange to cancel $1.5 mn in trades of Kraft Foods shares. Kraft shares, which opened yesterday at $45.55, soared by more than 28 percent to $58.54 within a minute

Content Preview

to continue reading

Register
  • Unlimited news online
  • Newsletter
Free
Sign up to get stories direct to your inbox
logo-black logo-black
Loading