tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NYSE intends to reimburse up to 60% of claims from glitch, Bloomberg says

Investors impacted by last month’s glitch on IntercontinentalExchange’s NYSE can be reimbursed for their losses if the trades they made fit certain criteria, Bloomberg’s Katherine Doherty reports. The exchange operator told clients recently that 50%-60% of the claims they filed for investors qualify for complete reimbursement, and the operator intends to cover losses for orders that were accepted on its exchange, but not orders triggered on other venues, the author says, citing people with knowledge of the matter. Reference Link

Meet Your ETF AI Analyst

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on ICE:

Disclaimer & DisclosureReport an Issue

1