Investing.com - Financial Markets Worldwide
⚠ Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

UPDATE 5-Deutsche Boerse says software glitch caused trading outage

Published 01/07/2020, 09:06
Updated 01/07/2020, 14:36
© Reuters.
DE40
-
ATX
-

* Eight exchanges affected by tech glitch
* Deutsche Boerse says it is software issue
* Xetra open after nearly three hours of outage

(Updates with Deutsche Boerse on glitch details)
By Thyagaraju Adinarayan
LONDON, July 1 (Reuters) - The reappearance of a software
glitch that was first seen in April was behind a nearly three
hour outage on Wednesday on Germany's electronic trading
platform Xetra, the exchange operator Deutsche Boerse DB1Gn.DE
said.
The issue resulted from a problem with third-party software
and has been fixed, Deutsche Boerse said.
"The system is now running stably and we expect it to remain
so," Deutsche Boerse said on Wednesday.
The technical snag on Wednesday follows one of the exchange
operator's longest outages in April when the Frankfurt stock
market was halted for more than four hours. Chief Executive Theodor Weimer said after the April blackout
that the stock exchange had taken precautions to avoid such a
breakdown in the future.
The interruption in the fully-electronic cash market trading
system affected stock exchanges in Frankfurt, Vienna, Ljubljana,
Prague, Budapest, Zagreb, Malta and Sofia as they use the Xetra
T7 system.
The exchanges came back online around 0930 GMT.
The German stock exchange's cash markets generated a
turnover of 159.8 billion euros ($179.5 billion) in May.
Some European bond and stocks futures affected by the Xetra
issue have also resumed trading.
($1 = 0.8905 euros)

Latest comments

Install Our App
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.