Data feed glitch caused Infosys ADR to jump up to 57% in a few minutes: Report

Infosys ADRs jumping by 57% in value in a few minutes was caused by a suspected data feed glitch and algorithm buying, The Chronicle Journal reported. The spike was likely caused by a ticker-mapping error across multiple financial data platforms, which may have confused trading systems. Several data providers mistakenly mapping 'INFY' ticker to an unrelated entity caused the error.