Nasdaq hit by system error affecting stock orders

The stock exchange did not respond to Reuters' query on what caused the system error.

NASDAQ said it will continue to investigate the earlier system issues with FIX/RASH, and send an update once there is a resolution. (Image credit: Reuters)

Exchange operator Nasdaq was hit by a system error on Wednesday that impacted stock orders and led to some being cancelled.

The incident first started at 2:41 pm ET on December 13, 2023 which involved "FIX/RASH ports, according to the Nasdaq website.

"Some customers have seen inaccuracies and delays in the delivery of execution reports. We are working to reach a prompt resolution to deliver the correct execution reports. FIX/RASH was closed down for the rest of the day. The closing cross was completed and all other markets are operating normally," the exchange operator said in a statement.