Wall Street Journal – In a story about data errors and SIP outages, Healthy Markets Co-founder and Research Director Chris Nagy is quoted saying “Mishaps like the NYSE’s data-feed glitch show how a single tech failure can ripple through markets” and “Because of the delayed reporting, it impacted a ton of trades and firms looking to value mutual funds, indexes and more,” Mr. Nagy said. “So the pricing of thousands of securities were off—at root—because a single piece of hardware fried.” (Full Story).
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