stumble-risk-failure

Bloomberg data terminals experienced failures on Friday, reports The New York Times.

The failures affected terminals all across the globe, says the outlet, and, as a result, cut traders’ access to market data and news feeds they depend on.

Further, although banks typically have systems in place to avoid disruptions, these types of outages do affect market transactions. Read more.

Also check out:

CSA worried about order flow heading south

How regulators catch trading errors

TMX Group streamlining trading systems

Clients should get best stock prices, says SEC

Originally published on Advisor.ca

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