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

Posted by: UGN Security

[Reuters] Nasdaq to revamp system after tech problems on Facebook IPO: WSJ - 05/21/12 03:46 AM

(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 shares on Friday, the Wall Street Journal reported.