NASDAQ freezes, fears heat up, high speed trading here to stay

Mark Garrison Aug 23, 2013
HTML EMBED:
COPY

NASDAQ freezes, fears heat up, high speed trading here to stay

Mark Garrison Aug 23, 2013
HTML EMBED:
COPY

Pull up a chart of the Nasdaq on Thursday and you see something crazy: a flat line for hours. Nasdaq halted all trading because of a technical glitch. Things were fixed just before the market close, but many are still looking for answers.

Chris Low, chief economist at FTN Financial, joins Marketplace’s Mark Garrison to discuss why glitches like this are bound to keep happening.

Audio Extra: David Weild, former Nasdaq chairman, discusses Thursday’s trading glitch and market complexity.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.