Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter

Home Forums Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter

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    Anonymous

    Technology News

    A man walks past a Twitter banner while leaving JP Morgan headquarters, before Twitter's IPO in New YorkBy John McCrank NEW YORK (Reuters) – The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq. The Big Board, run by NYSE Euronext, regularly does systems testing on the weekends, but this was the first time it had run a simulated IPO, and it did so at the request of its member firms – many of whom took part in Facebook's 2012 IPO on Nasdaq OMX Group's main exchange. …


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