The Latest in IT Security

NYSE tests systems, to brief investors before Alibaba’s debut

19
Sep
2014

By Herbert Lash NEW YORK (Reuters) – The New York Stock Exchange tested its trading systems over the summer to make sure Alibaba Group Holding Ltd’s market debut on Friday goes without a hitch, after the Chinese e-commerce company’s initial public offering raised $21.8 billion. Alibaba chose the NYSE over rival exchange operator Nasdaq OMX Group Inc to list its shares in part because it worried about Nasdaq’s ability to handle a massive IPO after Facebook Inc’s botched market debut in 2012, sources have previously said. …

Comments are closed.

Categories

TUESDAY, OCTOBER 22, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments

Social Networks