NASDAQ plans to reopen trading with 5-minute quote only period
NEW YORK Aug 22 (Reuters) - The Nasdaq said that it intends to reopen trading in all tape C securities with a halt cross with a 5-minute quote only period.
The exchange said the 5-minute quote period will start at a time to be determined and the exchange will not be cancelling open orders on the book.
The exchange halted all traffic at 12:14 p.m. EDT (1614 GMT).
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.