OT: Tom,fuzzy,kavi, et al.
anyone here ever seen a msg. like this before ?
if so, what is the background ie. cause ?
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Posted by: ezxccsc
In reply to: EZ2 who wrote msg# 1135 Date:8/31/2006 9:12:17 PM
Post #of 1154
anyone see this
NASDAQ Head Trader Alerts
August 31, 2006
Head Trader Alert #2006-123 - NASDAQ Will Break Trades in Northgate Minerals Corp. (NXG) Affected by Erroneous Trades
Please Route To: Head Traders; Technical Contacts; Compliance Officers
What you need to know:
NASDAQ® received notice this afternoon that a firm placed erroneous trades through NASDAQ systems in the security Northgate Minerals Corp. (NXG).
Pursuant to UPC Rule 11890, NASDAQ, on its own motion, has decided to break any and all trades in NXG, executed in NASDAQ and its facilities (i.e., NASDAQ Market Center®, Brut and INET), from 5:10:00 p.m. through 5:45:00 p.m., Eastern Time (ET), at a price below $3.64 or above $4.45.
UTP participants have agreed to use the same terms for breaking trades that affected their markets.
This decision is not appealable.
Who you should contact:
Please refer questions to NASDAQ MarketWatch at 800.211.4953.
