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Rivals slam Nasdaq's poor communication during Facebook IPO
gulfnews.com Nasdaq OMX's computer systems used to establish the opening price for Facebook were overwhelmed on May 18 by order updates and cancellations for the IPO. The solution Nasdaq deployed prevented updates and cancellations for 30 million shares submitted … NYSE CEO: Facebook IPO eroded investor confidence: CNBC NYSE CEO Compares Nasdaq's Facebook Handling to BP Oil Spill LME Proved Too Pricey for NYSE as Bidding Continues |
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