Nasdaq To Pay For Botched Facebook Trades | WAMU 88.5 - American University Radio
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Nasdaq To Pay For Botched Facebook Trades

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The Nasdaq stock exchange will pay $40 million in compensation for troubled trades that occurred during Facebook's initial public offering. Nasdaq clients lost millions of dollars because of computer glitches. The opening trade was delayed by more than 30 minutes, and many investors were unsure if their trades had gone through.
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