NASDAQ Glitch Halts Trading in 111 ETFs


Trading at the NASDAQ Stock Market (NASDAQGS:NDAQ) was halted after an unexplained technical glitch, according to a Wall Street Journal report.

The trading disruption impacted thousands of NASDAQ listed stocks like Google (NASDAQGS:GOOG), Tesla Motors (NASDAQGS:TSLA), and Intel Corporation (NASDAQGS:INTC).

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Also, buying and selling in 111 NASDAQ listed exchange-traded funds (ETFs) was frozen. 

Among the ETFs impacted by NASDAQ's trading outage, were popular funds like the PowerShares QQQ Trust (NASDAQ:QQQ), iShares NASDAQ Biotechnology ETF (NASDAQ:IBB), and the iShares S&P India Nifty Fifty ETF (NASDAQ:INDY).

The second-largest U.S. stock exchange notified traders that it would not cancel open orders, but that customers could do so.

Trading disruptions at the NASDAQ are not new.

Facebook's (NASDAQGS:FB) botched IPO on May 18, 2012 is a recent example of technical glitches at the NASDAQ that cost investors $500 million.

In May 2013, the NASDAQ agreed to pay a $10 million fine - the largest by any U.S. stock exchange - to settle Facebook charges with the Securities and Exchange Commission (SEC). 111 NASDAQ Listed ETFs Impacted by the Trading Halt

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