💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Nordic and Baltic equity trading halted again by tech glitch

Published 11/01/2019, 11:22 AM
Nordic and Baltic equity trading halted again by tech glitch
NDAQ
-
ENX
-

STOCKHOLM (Reuters) - Nasdaq's (O:NDAQ) Nordic and Baltic stock markets were halted by technical problems for a second time on Friday, only minutes after trading resumed following earlier problems.

The equity and equity derivatives markets had reopened at 1200 GMT after a two-hour trading halt that Nasdaq attributed to connectivity issues.

"Due to technical disturbances, Nasdaq Nordic Equity and Nasdaq Nordic Index and Equity Derivatives markets (have been) halted again," operator Nasdaq said in an emailed statement.

The company operates bourses in Finland, Denmark, Sweden, Iceland, Estonia, Latvia and Lithuania.

Nasdaq said after the second stoppage that the Stockholm bourse, which had already been scheduled to close early ahead of a public holiday, and the Baltic exchanges would remain closed for the rest of the day.

Trading in Copenhagen, Helsinki and Reykjavik will resume with opening auctions at 1605 CET (1505 GMT), it said, followed by continuous trading from 1615 CET (1515 GMT).

Those bourses are scheduled to close as per normal trading hours.

"We are working diligently to correct the technical issue we experienced with our Nordic and Baltic markets today," Lauri Rosendahl, head of European equities and derivatives at Nasdaq, said in an email.

"We apologize for the inconvenience this has created for our exchange members and all investors in our markets."

Trading on the Norwegian bourse, which is owned by Euronext (PA:ENX), was not interrupted.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.