December 9, 2013
Nasdaq halts all trading after technical problem
All trading on Nasdaq, the second-biggest US stock exchange, was halted today shortly after midday due to a technical problem, the exchange said.
All traffic through Nasdaq stopped at 12:14 p.m. EDT, the exchange said on its website, citing a problem distributing stock price quotes. The exchange, which lists about 3,200 companies, said it expects to resume trading later today.
Meanwhile, the New York Stock Exchange's parent, NYSE Euronext, has ceased all trading in Nasdaq-listed shares at the request of Nasdaq.
"I can't remember this happening in recent memory," said Christopher Nagy, president of consultancy firm KOR Trading and a former head of trading at TD Ameritrade.
The US Securities and Exchange Commission said it was monitoring developments and was in touch with the exchanges on the matter.