Nasdaq Resolves Connectivity Issue After Two-Hour Glitch

The technical glitch, related to the matching engine, impacted stock orders but has been resolved with all systems operating normally.

Nasdaq experienced a technical glitch impacting connectivity and stock orders, marking its second such issue in recent months.
The issue, related to the matching engine, began around 4:55 a.m. ET and was resolved after more than two hours.
The glitch affected orders sent using the "RASH FIX" order handling system, impacting major U.S. tech stocks listed on Nasdaq.
Other exchanges declared self-help against Nasdaq, routing orders through alternate venues due to the connectivity issues.
Nasdaq has previously reported similar technical issues in December, affecting over 50 clients at the exchange.