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Letters: Trading glitch is a warning sign

August 28, 2013

Re “Glitch shuts down trades on Nasdaq,” Aug. 23

I know I'm being naive, but the Nasdaq glitch reminds me of when the power goes down at my local grocery and the checker can't make change without the electronic register.

Technology is wonderful, but you still need the ability to deal with unexpected changes and to make appropriate accommodations.

Trading should be able to continue, albeit at a much slower pace. Super-charged computer programs have increased the volume traded, but what are we sacrificing?

We need to think about maintaining a balance between a huge market and the ability to manage it. Quantity versus quality (and safety).

Genie Saffren
Los Angeles

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