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What rules are you referring too? Are you saying that Nasdaq violated their own rules when they rolled things back?
by studer 16y ago
What rules are you referring too? Are you saying that Nasdaq violated their own rules when they rolled things back?
- randallsquared 16y agoOh, not specifically and officially; I don't know what actual contractual or legal rules surround this, and it could well be that trading is contingent on a contract that allows them to do whatever they want. By "rules", I mean the usual rules that people believe are in force, like "Once I buy or sell, it stays bought or sold". In exceptional situations (like this one, or 9/11), it always seems to turn out that honoring obligations was optional all along, doesn't it?