Dennis that flash freeze is our top story. It was a glitch that ground the nasdaq to a halt. A flash freeze paralyzing thousands of securities at around 12 40 p. M. Eastern time today. Full trading resumed after 3 00 p. M. The recent string of technical errors rocking the markets is calling into question the computers that run in these markets. Joining me now, and shapiro live outside the nasdaq. Rob morgan, chief investment strategist at fulcrum securities founder and ceo of dark pool. And director of Institutional Sales and trading. And adam shapiro, youe the guy in the know on the scene. It felt like the nasdaq all the law was not telling us anywhere near enough even in the look and as directed now. The nasdaq putting on an official statement about the flesh trees matured as an answer the question of what happened. Let me read you the first part of the statement. The nasdaq zero emax became aware the press quotes or not being disseminated by the securities industry processor which c
Exchange in its tracks. The s p chief equity strategist joins us. The department of justice by after the state of texas again. Attorney general eric colder determined to allow voting nationwide without requiring identification. Kansas secretary of state among our guests here tonight to say why the integrity of our electoral system must be preserved. And the end of the road is near for the selfproclaimed hugger. San diego mayor. And Bradley Manning wants to be called chelsea as it pursues taxpayer funded gender reassignment therapy from is leavenworth prison cell. The ateam takes up all that and a great deal more. We begin with another possible reason that the president s Foreign Policy is so incoherent and ineffective that members of his own administration seem uninformed. Today state Department News conference on syria and socalled red lines featured as a shocking contradiction from spokesperson jan psyche. Take a lesson. The red line is the use of chemical weapons. That was crossed a
Calls for immediate access to the alleged site. Good morning, everyone. Good friday morning. It is the final trading day of the week. Ross is still out on vacation. He will be back with you next week. Meanwhile, lets come back to one of our top stories. Nasdaq ceo in his first comments after the glitch that halted trading for three hours on thursday is calling for Higher Standards for exchanges. He tells the wall street journal, our systems and the industries have to get to a higher level of robustness. The journal reports nasdaq officials internally pointed to a connectivity problem with competing Electronic Exchange as the trigger for the technical issue that forced the trading halt. Arkia wasnt named in the official statement and the they have declined comment. Nasdaq officials believe they should have been able to manage the connectivity problems. Reports say nasdaq was able to fichlt issue in 30 minutes but didnt restart trading for another two hours due to the need for testing an
They try to deal with the exit strategies of the unconventional policies of the developed nations. Shes urging Central Banks to manage the exit carefully, and shes saying the country should Work Together in managing this exit. Government, she said, should not waste the breathing spaces provided by Central Banks through the unconventional policies, and shes telling them to get on with the economic and financial reforms that they need to do. And she singles out europe, saying they need to unclog the Financial Planning and get credit flowing. The imf, she say, believes the impact of the policies have generally been positive, and said the exit should depend on the pace of recovery, and that she does single out europe and japan, again, saying they have more to gain unconventional monetary policy. And if i could just add she does not mention the u. S. , it suggests that maybe she thinks the u. S. Exit from unconventional policies earlier exit is warranted for the United States, whereas shes
Stopped the Second Largest Exchange in its tracks. The s p chief equity strategist joins us. The department of jusce by after the state of texas again. Attorney general eric colder determined to allow voting nationwide without requiring identification. Kansas secretary of state among our guests here tonight to say why the integrity of our electoral system must be preserved. And the end of the road is near for the selfprocimed hugger. San diego mayor. And Bradley Manning wants to be called chelsea as it pursues taxpayer funded gender reassignment therapy from is leavenworth prison cell. The ateam takes up all that and a great deal more. We begin with another possible reason that the president s Foreign Policy is so incoherent and iffective that members of his own administration seem uninformed. Today state Department News conference on syria and socalled red lines featured as a shocking contradiction from spokesperson jan psyche. Take a lesson. The red line is the use of chemical weapon