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still does not explain "if i want to sell, the exchange should match me with someone. they fail to match me with someone, but instead they buy my shares" makes
by gcb0 13y ago
still does not explain "if i want to sell, the exchange should match me with someone. they fail to match me with someone, but instead they buy my shares"
makes no sense. at all. unless exchange does not means what i think it means. and they should pay sales tax for shares as they are selling/buying them as a dealership buys and sells cars.
- angli 13y agoNo, exchange still means what you think it means. The issue they had is that a bunch of orders got stuck in a queue somewhere and thus couldn't actually be exchanged. This is all a question of how you deal with that. NASDAQ decided not to just cancel the orders or execute them later but to provide them the trade they "deserved" Personally, I think that was the right decision, but it's your call.