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"Nobody rational would look at this (market) and say it isn't broken," says NYSE (NYX...

  • Friday, August 3, 2012, 9:57 AM ET
    "Nobody rational would look at this (market) and say it isn't broken," says NYSE (NYX +1.8%) CEO Duncan Neiderauer on the earnings call, talking about the Knight Capital incident. "Speed is not always better." He says the exchange strictly followed rules in cancelling erroneous trades in 6 of the affected 150 stocks.
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