Nasdaq Announces Technical Problems Affected Trade Reporting And Quotation Systems

The Nasdaq Stock Market® today announced that, due to technical problems, the operation of its trade reporting and quotation systems was disrupted. The systems ceased operation at 15:40 p.m. Eastern Time and resumed operation at 15:57 p.m. Eastern Time. The systems are functioning properly during the extended hours trading session, which lasts from 4 p.m. through 6:30 p.m. The Nasdaq Stock Market lists nearly 5,000 companies, has the largest dollar volume of trades of any financial market, and trades more shares per day than any other U.S. market. Current market capitalization is more than $4 trillion. Nasdaq is a subsidiary of the NASD, the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq-NewsroomSM at www.nasdaqnews.com.