Server Crash Spurs Three-Hour Nasdaq Halt as Data Link Lost
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The interruption that froze half the U.S. stock market last week began with a routine notice.
“NYSE Arca is currently experiencing an issue processing customer messages on routed orders in Tape C symbol range ‘TACT’ through ‘ZYY.C,’” read an alert for traders received by Bloomberg News at 10:17 a.m. on Aug. 22. “Will advise.”