NEW YORK, April 12 (UPI) -- U.S. market operator Nasdaq OMX Group's board said it had trimmed executive bonuses to make up for Facebook's botched debut as a public company.
Facebook's initial public stock offering or IPO last May was met with a delayed start, missed transaction messages -- so brokers did not know if their deals had gone through -- and a period in which orders had to be filled by hand due to errors in the electronic system.