{"id":39750,"date":"2013-12-30T05:50:55","date_gmt":"2013-12-30T10:50:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39750"},"modified":"2013-12-30T05:50:55","modified_gmt":"2013-12-30T10:50:55","slug":"nasdaq-to-compensate-firms-on-dec-31-for-botched-facebook-ipo","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2013\/nasdaq-to-compensate-firms-on-dec-31-for-botched-facebook-ipo.html","title":{"rendered":"Nasdaq to compensate firms on Dec. 31 for botched Facebook IPO"},"content":{"rendered":"<p>Reuters &#8211; Nasdaq OMX Group Inc. will compensate firms on Tuesday [Dec. 31] for qualifying claims related to Facebook Inc.&#8217;s\u00a0botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday [Dec. 27].<\/p>\n<p>Nasdaq said previously it would\u00a0pay up to $41.6 million in claims\u00a0to market participants that lost money when a glitch in Nasdaq&#8217;s system during the IPO prevented timely order confirmations for many traders, leaving them unsure about their exposure for hours and, in some cases, for days afterwards.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail23074.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Nasdaq OMX Group Inc. will compensate firms on Tuesday [Dec. 31] for qualifying claims related to Facebook Inc.&#8217;s\u00a0botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday [Dec. 27]. Nasdaq said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-39750","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=39750"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39750\/revisions"}],"predecessor-version":[{"id":39751,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39750\/revisions\/39751"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}