Glitch forces exchanges to cancel trades in Kraft Foods

10/4/2012 | Reuters · Financial Times · Wall Street Journal, The

A trading glitch caused shares of Kraft Foods Group to jump nearly 30%, prompting Nasdaq and other exchanges to cancel some trades. The incident came a day after the Securities and Exchange Commission held a roundtable to address concerns about market stability and how technology is affecting the markets.

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Reuters · Financial Times · Wall Street Journal, The

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