99% Invisible cover image

Uptown Squirrel

99% Invisible

00:00

The Day a Squirrel Became a Trading Hero

This chapter recounts a significant event from December 9, 1987, when a squirrel triggered a major outage at the Nasdaq, affecting thousands of trades. It delves into the competitive rivalry between the New York Stock Exchange and Nasdaq, illustrating how a seemingly minor incident can lead to substantial consequences in the fast-paced trading environment.

Play episode from 19:32
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app