Nasdaq Halts Trading On Technical Fault

All trading on the Nasdaq options markets has been halted due to a technical issue according to a press release from NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), the company that runs the stock exchange. According to the statement, the exchange was halting trading on all "Tape C" securities because of a problem processing quotes.

The message from the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), came in at 12:14 m EST. Many publicly traded companies exchange have seen trading in their shares halted as a result of the decision by the exchange. The cause of the problem has not yet been fully disclosed,...