Nasdaq caused $35 mn loss in Facebook IPO: broker

(Reuters) - The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems and Knight Capital demanded tens of millions of dollars in compensation from Nasdaq for trading-related losses.

Nasdaq caused $35 mn loss in Facebook IPO: broker

A New York broker has asked Nasdaq to compensate it for up to $35 million in losses on the Facebook initial public offering due to the market's computer problems on the first day of trade.

Thu 24 May 12 from Phys.org

Facebook's market maker losses may top $115 million: sources

NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange ...

Fri 25 May 12 from Reuters Technology

Facebook market makers' losses total at least $100 million

(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands ...

Thu 24 May 12 from Reuters Technology

Fidelity, Knight problems add to Nasdaq's Facebook woes

(Reuters) - The repercussions from Facebook's botched initial public offering deepened on Thursday as Fidelity Investments found itself dealing with "thousands" of customers with order problems ...

Thu 24 May 12 from Reuters Technology

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