Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Nasdaq Inc    NDAQ

Delayed Quote. Delayed  - 08/30 10:00:00 pm
71.34 USD   +0.34%
08/30 Chris Geere, Star of “You’re the Worst” on FXX,..
08/30 CROSS COUNTRY H : CCRN) to Ring The Nasdaq Stock Market Closing Bell
08/30 UPDATE - EKSO B : EKSO) to Ring The Nasdaq Stock Market Closing Bell
News SummaryMost relevantAll newsSector news 

NASDAQ OMX Group, Inc. : Exclusive: Fidelity facing "thousands" hit by Facebook woes

share with twitter share with LinkedIn share with facebook
share via e-mail
05/25/2012 | 05:44am CEST

Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation.

The social media site's IPO has been steeped in controversy since it started trading last Friday.

Almost a week later, many investors have found that their orders for Facebook were not executed at the prices they thought, said advisers, who declined to be identified because they are not allowed to speak to the press.

All Facebook stock trades in clients' accounts from May 18 have been confirmed, a Fidelity spokesman said.

"On behalf of our customers, Fidelity's senior management has been working with the regulators, market makers and NASDAQ to represent all of our customer's trading issues from May 18, and we will continue to do so until we are confident that NASDAQ has done everything it can to mitigate the impact to our customers," the spokesman said.

Nasdaq had all orders, executed or not, returned to member firms by 1:50 p.m. EDT (1750 GMT) on Friday, according to a trading alert issued by the exchange on Monday morning.

Fidelity, a mutual fund company that also runs a large brokerage, issued a special notice to customers who submitted orders to buy Facebook shares on Friday, saying they may have experienced delays in status updates.

"We realize that some customers still have questions about how these delays may have affected their trading activity," Fidelity said in the notice.

"We understand that Nasdaq is working with federal regulators to determine what, if any, accommodation might be made. However, customers should assume that any shares of Facebook stock currently credited to their accounts are owned by them and available for trading."


Facebook's IPO did not go as planned as its sky-high valuation, combined with trading glitches, left the stock languishing below its offering price.

Fidelity said Facebook order glitches were an industry-wide issue that affected many different broker-dealers.

"We will continue to work with the industry to get NASDAQ to come to a resolution that addresses the concerns of our customers," Fidelity said in the notice.

Boston-based Fidelity has 18.3 million brokerage accounts and reported nearly 396,000 average daily commissionable trades in the first quarter. Most of that activity centered on personal investing.

Facebook's shares gained a penny to $32.01 in midday trading on Thursday.

(This story has been refiled to delete paragraph 13 saying Fidelity not available for comment)

(Reporting By Tim McLaughlin; Editing by Walden Siew and Maureen Bavdek)

By Jessica Toonkel and Tim McLaughlin

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on NASDAQ INC
08/30 Chris Geere, Star of “You’re the Worst” on FXX, to Ring The..
08/30 CROSS COUNTRY HEALTHCARE, INC. (NASD : CCRN) to Ring The Nasdaq Stock Market Clo..
08/30 UPDATE - EKSO BIONICS HOLDINGS, INC. : EKSO) to Ring The Nasdaq Stock Market Clo..
08/30DJU.S. Stocks Slip as Monetary Policy Remains in Focus
08/29 OMNICELL, INC. (NASDAQ : OMCL) to Ring The Nasdaq Stock Market Opening Bell
08/29 EKSO BIONICS HOLDINGS, INC. (NASDAQ : EKSO) to Ring The Nasdaq Stock Market Clos..
08/29DJU.S. Stocks Rebound as Financial Shares Rally
08/26 WEB.COM GROUP, INC. (NASDAQ : WEB) to Ring The Nasdaq Stock Market Closing Bell
08/26 ASURE SOFTWARE INC (NASDAQ : ASUR) to Ring The Nasdaq Stock Market Opening Bell
08/25 Aperture Foundation to Ring The Nasdaq Stock Market Opening Bell
More news
Sector news : Financial & Commodity Market Operators - NEC
08/25DJDEUTSCHE BOERSE : EU Sets Sept. 28 Preliminary Deadline For Deutsche Boerse, LSE..
08/25 Deutsche Boerse, LSE submit merger to EU regulators for approval
08/24DJHONG KONG EXCHANGES AND CLEARING : China's Postal Savings Bank to Get $2 Billion..
08/23DJU.S. Stocks Creep Higher
08/23DJSINGAPORE EXCHANGE : Correction to Singapore Exchange Buying Baltic Exchange Sto..
More sector news : Financial & Commodity Market Operators - NEC
News from SeekingAlpha
08/17 EXCHANGE WARS II : The Empire Strikes Back?
08/16 It's The Law And Competition, Stupid. Cryptocurrencies And Blockchains, Part ..
08/15 The Problem With BGC Partners
08/15 Nasdaq plans new option to rival IEX
08/10 ICE AND CME : Servants Or Parasites?
Financials ($)
Sales 2016 2 295 M
EBIT 2016 998 M
Net income 2016 536 M
Debt 2016 1 664 M
Yield 2016 1,71%
P/E ratio 2016 23,88
P/E ratio 2017 18,55
EV / Sales 2016 5,85x
EV / Sales 2017 5,25x
Capitalization 11 764 M
More Financials
Duration : Period :
Nasdaq Inc Technical Analysis Chart | NDAQ | US6311031081 | 4-Traders
Full-screen chart
Technical analysis trends NASDAQ INC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 74,0 $
Spread / Average Target 4,1%
Consensus details
EPS Revisions
More Estimates Revisions
Robert Greifeld Chief Executive Officer & Director
Adena T. Friedman President & Chief Operating Officer
Erik Börje Ekholm Chairman
Michael Ptasznik Chief Financial Officer & EVP-Corporate Strategy
Bradley J. Peterson Chief Information Officer & Executive VP
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NASDAQ INC22.23%11 764
CME GROUP INC18.49%36 376
More Results