Detailed text transcripts for TV channel - CNN - 20100507:21:16:00
Like ak searcher to get a better handle what was happening. roughly 60% of the stocks that trade here also trade on other exchanges. and when the nyse went into slow motion mode, trading was able to continue on other electronic exchanges, and that includes o'brien's exchange. he says if there's going to be a time-out it has to be system wide and not just on one exchange. he says technology isn't to blame. >> it can allow things to left to get out of control cascade. the same side of the coin, technology can be used to keep that from happening in the first place, if people are focused on it. >>...
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