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Saturday, April 19, 2014
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Published: 11/2/2013 - Updated: 5 months ago

BUSINESS BRIEF

Nasdaq shuts down one of its options markets

NEW YORK — The Nasdaq shut down trading on one of its options markets Friday, the latest technical problem to hit the exchange.

Nasdaq OMX said it halted trading at 10:36 a.m. and announced at 2:10 p.m. that it would shut down options trading for the rest of the day. Regular stock trading on the Nasdaq Stock Exchange was not affected.

Nasdaq decided to halt the options market after it saw a surge in orders, which caused the system to stop accepting orders and disseminating quotes, according to a statement from Nasdaq.



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