Nasdaq

All Talk And No Action Does A CIO No Good

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The IT department over at the Nasdaq stock exchange had a rough year in 2013. Their exchange, which is used by thousands of traders every day, suffered two debilitating outages. I can understand one outage, things happen. But two? Where was the CIO? Two Outages Too Many The Nasdaq is a stock market where traders … Read more

The Nasdaq Outage: Was It The CIO’s Fault?

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Not sure if you’ve heard about this one, but on Thursday, August 22, 2013, the American Nasdaq stock exchange was shut down for three hours because of a communication problem. Investigators are still trying to understand exactly what happened; however, we should probably asking ourselves if this problem was caused by the Nasdaq’s CIO? The … Read more