Future Tech

Swiss stock exchange says trading set to resume after outage

Tan KW
Publish date: Wed, 31 Jul 2024, 07:18 PM
Tan KW
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Future Tech

LONDON -Switzerland's stock exchange SIX said trading was set to resume from around 1130 CET (0930 GMT) on Wednesday after it halted the market due to problems disseminating data.

SIX halted trading in Switzerland across all products, including equities, bonds and exchange-traded funds at around 1000 CET.

But it later said the data problem had been solved and that trading in equities and ETFs would resume at around 1130 CET, with bonds to follow at about 1200 CET.

The Spanish stock exchange, which SIX operates, also suffered data problems but trading continued as normal.

A spokesperson for the Spanish stock exchange said: "The market is operating normally... we are analysing some incidents in the dissemination of data. But the market is operating normally."

The Swiss stock exchange is home to companies including Nestle, Roche and UBS. It suffered a roughly three-hour outage in June 2023.

Multiple trades including in bonds, ETFs, and structured products were declared "mistrades" and cancelled in Switzerland, SIX said on its website.

Prices for Spain's IBEX index were being updated on LSEG workspace at 0850 GMT.

 


  - Reuters

 

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