Glitches could prompt downgrade of exchange ratings, S&P says

Standard & Poor's has warned that exchanges' recent technological glitches could result in a downgrade of their credit ratings. "We account for some operational risk in our ratings already, but as technical problems occur more frequently, operational risk is becoming a more important component in our analysis and could result in downward pressure on ratings over the next few years," S&P analysts said.

View Full Article in:

Bloomberg · CNBC · Financial Times (tiered subscription model) · Wall Street Journal (tiered subscription model), The

Published in Briefs: