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Computer Problem Caused Price Errors on NASDAQ

Posted by Zonk on from the that's-an-oops dept.

buckthorn writes "An article running on Yahoo News states: 'A computer problem at an unidentified stock trader caused erroneous, exaggerated prices -- some as high as $950 per share -- to be posted to the Nasdaq Stock Market Friday morning for 1,680 different stocks, a spokeswoman for the Nasdaq said.'"

1 of 160 comments (clear)

  1. Maybe high tech wasn't SUCH a good idea? by holyshitholyshit · · Score: 0, Troll

    If they're in such a mad rush that they screw up stock ticker prices, maybe we should slow things down a bit. There is just too much going wrong with technology these days, like hackers stealing personal information from Choicepoint, or Indians stealing hundreds of thousands of dollars from Bank of America account holders. The difference between programming and engineering is that engineering is intended to get things right, whereas programming is done by high-school dropouts who don't care. Let's focus on engineering from now on, shall we?