A bad day for BATS keeps getting worse. Trading in its IPO has been delayed once again; BATS,...


A bad day for BATS keeps getting worse. Trading in its IPO has been delayed once again; BATS, which is launching the IPO on its own exchange, blames the hold-up on a "system overload." (also)
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  • Ted Bear
    , contributor
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    Third most 'popular' exchange in he US. What does that say about the vulnerability of systems across the board?

     

    Does it get any more embarrassing than doing an ipo, not being able to trade your own shares (or anyone else's for that matter), and causing a trading halt in the most visible stock in the land (http://bit.ly/pFSoX2) by putting through an erroneous trade?

     

    They barely had buyers at $16 on the IPO. Wonder how many will still own it at $10 on Monday?

     

    Update: IPO Cancellled. WOW!
    23 Mar 2012, 03:34 PM Reply Like
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