"Latent flaw" in software triggered trading halt, Nasdaq says

Last week's three-hour shutdown of trading on Nasdaq followed the receipt of a flood of data that exceeded the capacity of the market's computer systems, which "revealed a latent flaw in the ... software code," Nasdaq OMX Group said in a statement. "... A number of these issues were clearly within the control of Nasdaq OMX," the company said. "We are responsible for them, regret them and intend to take all steps necessary to address them to enhance stability and functionality of the markets."

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