The exchange group had pushed hard to win the Facebook IPO from its rival New York Stock Exchange , as it seeks supremacy in listings for internet companies that make up one of the few vibrant sectors of the new issue market . Nasdaq OMX 's chief executive admitted he was ` ` embarrassed '' by the delay in the Facebook trade . 20-minute delay in Facebook trade had been caused by a millisecond radar blip .
Nasdaq OMX 's chief executive admitted he was ` ` embarrassed '' by the delay in the Facebook trade . 20-minute delay in Facebook trade had been caused by a millisecond radar blip .