Software Engineer @ Dynamatik.
Node.js, Android & iOS Developer.
@FaisalAbid
Posts tagged facebook
shortformblog:

Facebook’s stock sucking again, but that’s not the half of it — reports are coming out that two companies that execute trades for traders have lost between $60 and $70 million on botched trades during the Facebook IPO. It gets worse: NASDAQ is legally only liable to cover $3 million in botched trades in a given month (though NASDAQ is trying to get permission from the SEC to pay up to $10 million), so they might have lost a ton of money because NASDAQ screwed up.
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shortformblog:

Facebook’s stock sucking again, but that’s not the half of it — reports are coming out that two companies that execute trades for traders have lost between $60 and $70 million on botched trades during the Facebook IPO. It gets worse: NASDAQ is legally only liable to cover $3 million in botched trades in a given month (though NASDAQ is trying to get permission from the SEC to pay up to $10 million), so they might have lost a ton of money because NASDAQ screwed up.

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