Nasdaq to cancel trades

 @ibtimes
on May 06 2010 8:32 PM

Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. greater or less than 60 percent away from the consolidated last print in that security at 2:40 p.m or immediately prior.

Nasdaq said the stocks affected and break points will be disseminated soon.

(Reporting by Chuck Mikolajczak; Editing by Andrew Hay)

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