NasdaqAmerican Stock Exchange NASDAQ, specializing in the trading of shares of technology companies, has agreed to pay a record fine of ten million dollars for the mistakes made during the initial offering of the securities on Facebook.

This was The U.S. Securities and Exchange Commission announced today.

Trading in shares of Facebook began on May 18 last year, after a delay of 25 minutes due to technical problems that are reported NASDAQ, were caused by excessive demand on the stock. As a result, more than 30,000 investors for two hours and did not know the status of their orders to buy and sell shares. The total damage from the crash is estimated at 500 million dollars. According to experts, after the problems had to cancel NASDAQ shares started trading social network. Continue reading