Test data blamed for wild swings in Nasdaq-listed stocks
05 July 2017, 12:34 | Hattie Nash
Share on Facebook SHARE
Share on Twitter TWEET Link
As reported by the Financial Times, a coding error of some kind forced the shares of giant USA technology companies - including Apple, Amazon, Microsoft, and Google-owning Alphabet - to the same price of $123.47. "This is now being fixed and we hope to update our stock price data shortly". "Any data messages received post 5:16 PM should be deemed as test data and purged from direct data recipient's databases". While it appears that no trades were affected, the error momentarily wiped off hundreds of billions of dollars of market value for these companies.
Testing of stock exchange software is mandated by the US Securities and Exchange Commission, and happens on a regular basis to help prevent electronic glitches, often using test symbols and historical data, Reuters reported. The exchange said it was "working with third party vendors to resolve this matter".
It is possible that this value of $ 123.47 relates to test data transmitted on the Nasdaq IS.
Nasdaq said the false data was part of the "normal evening test procedures".
MSNBC hosts say tabloid article a weapon in Trump feud
Later, Trump on Twitter alleged just the opposite - that the two came to him about the impending supermarket tabloid article . Enquirer editor Dylan Howard has denied knowledge of discussions between the White House and the Morning Joe co-hosts.
GOP not where it needs to be on health bill
He told a gathering of Republicans in Elizabethtown, Kentucky, that "failure has to be possible or you can't have success". The current draft repeals or delays all the taxes imposed by the 2010 law.
Backlash at Trump Commission Request for Voter Data
However, Social Security numbers, driver's license numbers and voter signatures are only accessible by the state of California. Kobach and Trump have both made unsubstantiated claims that large numbers of undocumented immigrants vote in US elections.
Is Kanye West officially done with Tidal?
Kanye West and Jay-Z performing at Staples Center on December 11, 2011 in Los Angeles on their Watch the Throne Tour. Despite the boost in profile for the company that Kanye drove, long story short, he ain't get no money.
Ivanka works for free, but Trump White House can pay well
Under Obama, women in the White House earned an average salary of $78,400 to men's $88,600, adding up to a 13% wage gap, or $0.87. The White House gender pay gap has nearly doubled since Barack Obama left office and is also higher than the U.S. average.