Index Pricing Glitch Causes Minor Disruptions for US Equities

Reported 4 months ago

A glitch in Bloomberg's index pricing caused an hour-long delay in live pricing for the S&P 500 and Dow Jones indices, but individual stocks were not affected. The issue was resolved by midday, with trading of S&P 500 futures and ETFs continuing normally. Traders were able to work around the disruption by utilizing alternative data sources and instruments, with experts noting that the incident didn't significantly impact broader trading or market functionality.

Source: YAHOO

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