Erroneous Orders Routed to NASDAQ Result in Cancelled Trades


NEW YORK, Sept. 30, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today cancelled all trades in security Google Inc Cl - A "GOOG" at or above $425.29 and at or below $400.52 that were executed in NASDAQ between 15:57:00 and 16:02:00 ET. The cancelled trades were triggered by erroneous orders that were routed to NASDAQ from another market center.

In addition, NASDAQ will adjust the NASDAQ Official Closing Cross (NOCP) and all trades executed in the cross to $400.52. This decision cannot be appealed. NASDAQ coordinated this decision to break trades with other UTP Exchanges. NASDAQ will be canceling trades on the participant's behalf.

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