In addition to jumping on such a slow trading day, the move was also atypical of the fund's recent behavior.
There were also closures two years ago, which were blamed on slow trading and the close location of the branches to existing Nationwide branches.
The SEC has already proposed a number of changes designed to address their growing influence, including extra restrictions on broker-dealers that provide direct market access to high frequency traders, a trader tracking system for large traders, circuit breakers that would slow trading in individual stocks if they fall more than 10%, and new rules for off-exchange trading venues.
NYSE's chief rival, Nasdaq, which could use a little good publicity lately, reported no systems issues, though others said Wednesday that trading was slow during parts of the day Tuesday.
NYSE's chief rival, Nasdaq (nasdaq: NDAQ - news - people ), which could use a little good publicity lately, reported no systems issues, though others said Wednesday that trading was slow during parts of the day Tuesday.
You and I and most everybody else not on the extremely fast track are not just trading in the slow lane.
Goldman Sachs (nyse: GS - news - people ), kicking off the Street's fiscal third-quarter earnings season, described trading during the slow summer months as "choppy" and "range-bound" and reported sharply lower revenues from most of its trading activities compared with a very strong second quarter.
India's economic reforms, though slow and halting, open up new trading prospects, too.
But compare it with Wal-Mart, Chung says, which is in a slow-growth, capital-intensive business and trading at 29 times free cash flow.
The fine, though relatively small, is bound to give more ammunition to the anti-high frequency trading crowd, which is demanding regulators do something to stop this specialized form of computer trading, or at the very least slow it down.
What began as a slow day in leading up to the NHL's mid-afternoon trading deadline, ended with a flourish as teams continued to jockey for playoff positioning with a little over three weeks to go in a lockout-shortened season.
There's plenty of evidence that stock prices are slow to react to news, creating the potential for making money from momentum trading, says Tobias Moskowitz, a finance professor at the University of Chicago who studies market anomalies.
The proposal, which aims to slow the pace at which permits to emit CO2 are sold on the Emissions Trading System between 2013 and 2020, risks having only limited effect if it isn't followed by permanent measures, analysts say.
Next week is the last full trading week of the year, so volume is likely to start to slow down significantly as each day moves closer to the Christmas holiday.
After a slow start, the exchange is close to meeting its target of grabbing 10% of the trading in continental equities.
Mantega said the Brazilian economy will also slow in the third quarter as problems in the U.S. and Europe, both important trading partners, continue to weigh on the world.
FORBES: Brazil's Mantega Not Looking Forward To QE3; "Currency War" To Continue
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