Glitch badly disrupts share trading on Australia's stock exchange - News Summed Up

Glitch badly disrupts share trading on Australia's stock exchange


SYDNEY (Sept 19): Australia's share market was badly disrupted on Monday by a technical snag that delayed the opening by 70 minutes and cut short the afternoon trading session by about 90 minutes. The market also suspended trades for 30 minutes in February, due to a glitch. The ASX was the world's ninth largest stock exchange as of 2011, according to World Stock Exchanges website. Bonds and futures also trade on the exchange, and their trading was not disrupted by Monday's glitch. "All ASX Trade markets will not re-open for trading for trade date 19 September," an ASX spokesman said in a statement emailed 15 minutes before the scheduled close.


Source: The Edge Markets September 19, 2016 07:30 UTC



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