Monday, July 20, 2009

This Message Brought To You By Goldman Sachs' Noble Liquidity Provisioning Team

Charlie Gasparino's recap of his behind the scenes meeting with Van Praag - apparently Goldman's most recent noble cause: "Providing liquidity" and their "proclivity for electronic trading." Odd... So odd.

Oh Michelle, as for the Nasdaq opening every morning just fine, maybe you should read this Bloomberg article from earlier today :

By Adam Ewing
July 20 (Bloomberg) -- NASDAQ OMX markets in Sweden, Finland and Denmark have resumed trading after failing to open on time this morning, delaying the start of trading by nearly 30 minutes.
“The markets are up and running,” Anna Rasin, a NASDAQ OMX spokeswoman in Stockholm, said by telephone. “There is still a problem with the data dissemination system, but if you are trading, you can still see quotes and prices.”
Rasin said there was a fire in a data room over the weekend, adding it is unclear whether that was the cause of today’s problems.
The Dow Jones Nordic 30 Index, a measure for the region, rose 59.16, or 1.2 percent, to 5,027.7 as of 9:59 a.m. in Stockholm. Norway’s OBX Index gained 1.7 percent, while Finland’s Helsinki 25 Index advanced 1.2 percent. The OMX Stockholm 30 rose 0.8 percent. The Copenhagen OMX 20 Index also increased 0.8 percent.

Seems Zero Hedge is not the only one in need of backup servers.

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