Translated by Bing :
.Computer cracks had blocked certain transactions, the stock market of the high-tech with poorly anticipated the arrival of the social network. The introduction in stock exchange of Facebook had been marked by the very poor performance of the title, who lost 30% of its value in a few days. But this was not the only problem. The day of the arrival with great pomp in the social network, the Nasdaq (the index of the new technologies) had suffered serious computer problems. Certain transactions had been cancelled, due to delay of two milliseconds in a calculation. Nasdaq does not indemnify investors who have simply lost money by leveraging Facebook, because it is the play of the stock market. But he would compensate the players "who have been disadvantaged by the technical problems encountered with the introduction of Facebook stock may 18", he says in a release. "These technical problems have been resolved", says the New York body. "The Board of Directors has approved a voluntary [compensation] Fund of approximately $ 40 million", continues the release. These funds would be spread over a period of approximately six months, cash and credit on future operations. Euronext feared to be injured This Fund will probably not suffice to calm the spirits, some victims who brought the case before the courts. The Knight Capital broker asked him alone, 35 million of compensation and said he is "disappointed that the compensation provided by the Nasdaq would even approach not washed losses". Complaints against the Nasdaq total would come to $ 100 million, according to the Wall Street Journal. The main competitor of the Nasdaq, NYSE Euronext, immediately objected to such manoeuvres. "Allow the Nasdaq set [transactions] prices and use of other labourers to meet compensation just victims problems related to the market introduction of Facebook would be totally contrary to the principle of fair competition and unnecessarily because on competing platforms", says the group. "Such tactics could encourage clients to redirect orders to the Nasdaq for the compensation to which they are entitled, continues it, and allow the Nasdaq to reap the benefits of market share gains that they have not obtained otherwise."
From : LePoint.fr
