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NYSE Traders Resort to Processing Orders by Hand After Glitch

NYSE Traders Resort to Processing Orders by Hand After Glitch (Bloomberg)

July 3 (Bloomberg) -- The New York Stock Exchange , which last month finished replacing a 25-year-old system so that trades are processed in 5 milliseconds, was forced to close the world’s largest equity market by hand yesterday after a 15 minute delay.

Posted: Fri, 03 Jul 2009 05:58:42 GMT