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Nasdaq to revamp system after tech problems on Facebook IPO: WSJ - Reuters

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Nasdaq to revamp system after tech problems on Facebook IPO: WSJ - Reuters
May 21st 2012, 02:48


New York Times

Nasdaq to revamp system after tech problems on Facebook IPO: WSJ
Reuters
(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook (FB.O) shares on Friday, the Wall Street Journal reported.
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