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Article: Nasdaq to test disaster recovery systems.
- Article from:
- Financial News
- Article date:
- January 19, 2004
CopyrightCOPYRIGHT 2004 Financial News Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Nick Clark
Nasdaq, the US electronic stock market, is running two disaster recovery tests to ensure the market is prepared for systems failure in emergencies.The tests are designed to ensure that Nasdaq's customers are compliant with industry best practices as outlined by the Securities Industry Association and by US government agencies, which published a white paper on disaster recovery in 2002.
These were drawn up after the terrorist attacks in 2001, but a more recent power outage in ...