Tuesday, August 23, 2011

Traders, Electronic Systems Tested By Tuesday's Quake

from online.wsj.com:

>Representatives for NYSE Euronext (NYX), Nasdaq OMX Group Inc. (NDAQ), BATS Global Markets, Direct Edge and the International Securities Exchange said that dealing in securities and stock options continued unabated following the earthquake.


The quake tested the high-tech infrastructure supporting stock and derivatives markets that are now heavily electronic. New York-area data centers run by NYSE Euronext and specialist firms such as Equinix Inc. (EQIX) and Telx Group Inc. saw no hitches affecting the trades and messages among exchanges, brokers and proprietary trading firms.

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